JLIF hikes shareholder payout

John Laing Infrastructure Fund (JLIF) yesterday hiked its full year dividend to 6.375p, a four per cent increase on last year’s payout. The net asset value of investments in the fund rose 50.8 per cent to £818.1m over the 12 months ending December, helped by a £282.2m equity fundraising. JLIF owns a number of hospitals and schools across the country. Chairman Paul Lester said the fund “performed very well in 2013.”