CORONATION INFRASTRUCTURE FUND DECLARES N8.99/UNIT PAYOUT

The Coronation Infrastructure Fund (CIF) has announced a semi-annual income distribution of N8.99 per unit to unitholders, underscoring its strong performance and commitment to delivering consistent returns.

The payout, subject to withholding tax, applies to unitholders on record as of the qualification date, with payment scheduled shortly after. It reflects the fund’s robust interest income from infrastructure investments in energy, transportation, and related sectors.

CIF, an actively managed closed-end debt fund, continues to demonstrate resilience with growing assets under management and successful capital deployment into high-impact projects. The distribution forms part of its strategy to provide stable income while supporting Nigeria’s infrastructure development.

Fund managers expressed confidence in sustained profitability driven by strategic investments and favourable macroeconomic conditions, positioning CIF as a key vehicle for long-term infrastructure financing.