Australian Infrastructure Fund
Australian Infrastructure Fund (AIX) is a leading diversified transport infrastructure entity in Australia, with a market capitalisation of $605,481,195. The company invests in a portfolio of airports, ports, toll roads and light rail assets. AIX is comprised of Australian Infrastructure Fund Trust and Australian Infrastructure Fund Limited. The fund acquires and invests in a portfolio of those infrastructure properties that provide potential for long-term capital growth, while providing cash flow to investors.
Australian Infrastructure Fund (ASX:AIX) have released its financial first half results for 2013 to shareholders and investors.
- Australian Infrastructure Fund net profit $186 million, up 155 percent.
- AIX increase in profit was due to a $186 million revaluation of its stakes in Australian Airports after a $2 billion bid from the Future Fund.
Read up on the dividend history for AUSTRALIAN INFRASTRUCTURE FUND. Dividends are a payment declared by a company's board of directors and given to its shareholders from the company's current or retained earnings. Dividends are usually released as cash (cash dividend). Dividends provide an incentive to own shares in the company. Companies are not required to pay dividends. You are eligible to receive AIX dividends if you own the AUSTRALIAN INFRASTRUCTURE FUND shares on the ex-dividend date.
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