UIL Limited Announces Dividend of GBX 2 (LON:UTL)

UIL Limited (LON:UTL) declared a dividend on Monday, September 16th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 26th will be given a dividend of GBX 2 ($0.03) per share on Friday, November 8th. This represents a dividend yield of 2.05%. The ex-dividend date is Thursday, September 26th. The official announcement can be accessed at this link.

UIL Stock Down 0.2 %

Shares of LON:UTL opened at GBX 96 ($1.26) on Monday. The stock has a market cap of £80.41 million, a price-to-earnings ratio of -343.64 and a beta of 0.82. UIL has a 12-month low of GBX 96 ($1.26) and a 12-month high of GBX 134 ($1.75). The business’s 50 day moving average is GBX 102.68 and its 200 day moving average is GBX 105.31.

Insider Activity at UIL

In related news, insider Peter Durhager bought 11,923 shares of the business’s stock in a transaction that occurred on Friday, July 5th. The shares were bought at an average price of GBX 105 ($1.37) per share, with a total value of £12,519.15 ($16,371.32). 77.94% of the stock is owned by insiders.

About UIL

UIL Limited is a closed-ended equity mutual fund launched and managed by ICM Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the infrastructure, utility, and related sectors including water, sewerage, waste, electricity, gas, telecommunications, ports, airports, service, rail, roads, and any business with essential service or monopolistic characteristics.