Singapore, 31 May 2012 – Further to the disclosure made on 22 February 2012, Macquarie International Infrastructure Fund Limited (MIIF) today announced that Hua Nan Expressway (HNE) has received notification from the Guangdong Transport Bureau and the Guangdong Price Bureau that the toll rate and toll mechanism used to calculate tolls on all highways in Guangdong Province, including HNE, ......
Profit of Hua Nan Expressway will be affecting MIIF dividend distributions by roughly 20-25% of Hua Nan’s contribution
An often enquired stock on my dividend stock tracker have Macquarie International Infrastructure Fund (MIIF). At a current forecasted yield of 10% in this low yield environment, it looks attractive.
In my opinion, MIIF are just balancing very close cash flow figures to their targeted yield.
And recently, its been disclosed that the China govt will be standardizing the mechanism to calculate the toll.
Today I received a release from MIIF on this
