International PPL may seek more firepower
International Pubic Partnerships is looking to reward shareholders with one hand and ask for a hand-out with the other in 2012.
International Pubic Partnerships is looking to reward shareholders with one hand and ask for a hand-out with the other in 2012.
The company says it is aiming to pay a dividend of 6p per share during 2012 but gave a heads-up to shareholders that a share issue could be on the cards in 2012 to fund some juicy acquisitions.
The company, which invests in infrastructure projects like hospitals and schools, says the dividend payment would be a 2.6% increase on the 2011 distribution and in line with its commitments at its flotation in 2006.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
 
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The board currently intends to continue to offer a scrip dividend alternative to those investors who wish to receive securities in lieu of a cash payment.
On the subject of possible future fund raising exercises, the company continues to review its capital position against its likely investment opportunities and believes that if the opportunities currently under consideration come, as anticipated, to fruition, then it is likely the company will seek additional capital from both shareholders and new investors by way of an equity capital raise in 2012.
INPP was flat in morning trading despite the news. Over the year to date the stock is up 3%.
BS
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
- 
 Brits leave £31.6 billion in savings accounts paying 1% interest or less – do you need to switch? Brits leave £31.6 billion in savings accounts paying 1% interest or less – do you need to switch?Eight million Brits hold money in savings accounts that pay 1% interest or less, meaning the value of their cash is being eroded by inflation. 
- 
 MoneyWeek Wealth Summit 2025: investing for a volatile era MoneyWeek Wealth Summit 2025: investing for a volatile eraMoneyWeek's 25th birthday conference’s agenda offers investors a wide array of compelling themes 
 
