UIL Limited (UTL) To Go Ex-Dividend on March 27th

UIL Limited (LON:UTL) declared a dividend on Friday, February 21st, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 27th will be paid a dividend of GBX 2 ($0.03) per share on Friday, April 25th. This represents a yield of 1.75%. The ex-dividend date of this dividend is Thursday, March 27th. The official announcement can be accessed at this link.

UIL Price Performance

Shares of UTL traded up GBX 4.50 ($0.06) during midday trading on Tuesday, reaching GBX 116 ($1.50). The stock had a trading volume of 6 shares, compared to its average volume of 10,500. The company has a market capitalization of £102.59 million, a P/E ratio of -3.89 and a beta of 0.80. The firm’s 50 day moving average price is GBX 114.44 and its 200-day moving average price is GBX 108.50. UIL has a 52 week low of GBX 92 ($1.19) and a 52 week high of GBX 121 ($1.56).

Insider Buying and Selling

In other UIL news, insider Stuart J. Bridges bought 11,483 shares of UIL stock in a transaction that occurred on Monday, January 20th. The stock was purchased at an average cost of GBX 116 ($1.50) per share, for a total transaction of £13,320.28 ($17,211.89). 77.99% of the stock is owned by corporate insiders.

About UIL

UIL Limited is focused on uncovering investments with underlying value.

UIL’s investment objective is to maximise shareholder returns by identifying and investing in investments worldwide where the underlying value is not fully recognised.

UIL Limited (formerly Utilico Investments Limited and Utilico Limited) is an exempted closed-end Bermuda incorporated investment company, established as a successor to Utilico Investment Trust plc.