UIL Ltd Announces Dividend of GBX 1.88 (UTL)
UIL Ltd (LON:UTL) announced a dividend on Tuesday, August 15th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 7th will be paid a dividend of GBX 1.88 ($0.02) per share on Friday, September 22nd. This represents a dividend yield of 1.15%. The ex-dividend date is Thursday, September 7th. The official announcement can be accessed at this link.
Shares of UIL (UTL) remained flat at GBX 162.75 during mid-day trading on Friday. The company had a trading volume of 522 shares. UIL has a 1-year low of GBX 1.39 and a 1-year high of GBX 166.00. The company has a 50-day moving average price of GBX 2.63 and a 200-day moving average price of GBX 2.65.
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In other UIL news, insider Warren McLeland bought 4,593 shares of the stock in a transaction dated Monday, July 10th. The stock was purchased at an average cost of GBX 172 ($2.22) per share, for a total transaction of £7,899.96 ($10,217.23).
UIL Company Profile
UIL Limited, formerly Utilico Investments Limited, is a closed end investment company. The Company is engaged in investing the pooled funds of its shareholders in accordance with its investment objective and policy, generating a return for shareholders and spreading the investment risk. Its investment objective is to maximize shareholder returns by identifying and investing in investments across the world where the underlying value is not reflected in the market price.
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