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

UIL Limited (LON:UTL) declared a dividend on Friday, December 20th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 2nd will be given a dividend of GBX 2 ($0.03) per share on Friday, January 17th. This represents a yield of 1.82%. The ex-dividend date is Thursday, January 2nd. The official announcement can be accessed at this link.

UIL Trading Down 2.2 %

Shares of LON UTL traded down GBX 2.50 ($0.03) during midday trading on Friday, reaching GBX 109 ($1.37). The company’s stock had a trading volume of 15,657 shares, compared to its average volume of 13,091. The stock has a 50 day simple moving average of GBX 108.49 and a 200-day simple moving average of GBX 104.17. The stock has a market capitalization of £91.30 million, a price-to-earnings ratio of -363.33 and a beta of 0.80. UIL has a fifty-two week low of GBX 92 ($1.16) and a fifty-two week high of GBX 134 ($1.68).

Insider Activity

In related news, insider Stuart J. Bridges bought 12,449 shares of UIL stock in a transaction dated Thursday, October 10th. The shares were bought at an average cost of GBX 107 ($1.34) per share, with a total value of £13,320.43 ($16,740.52). 77.99% 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.