UIL Limited (LON:UTL) to Issue GBX 2 Dividend

UIL Limited (LON:UTL) announced a dividend on Wednesday, February 21st, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 9th will be paid a dividend of GBX 2 ($0.03) per share on Tuesday, June 4th. This represents a yield of 1.71%. The ex-dividend date of this dividend is Thursday, May 9th. The official announcement can be accessed at this link.

UIL Stock Down 3.7 %

UTL stock opened at GBX 103.50 ($1.30) on Wednesday. UIL has a twelve month low of GBX 103 ($1.29) and a twelve month high of GBX 150 ($1.88). The company has a market cap of £86.77 million, a price-to-earnings ratio of -195.28 and a beta of 0.74. The business has a 50 day moving average price of GBX 109.33 and a two-hundred day moving average price of GBX 116.92.

Insider Buying and Selling

In other news, insider Alison Hill acquired 8,628 shares of the firm’s stock in a transaction dated Tuesday, April 2nd. The stock was bought at an average price of GBX 112 ($1.41) per share, with a total value of £9,663.36 ($12,139.90). 77.79% of the stock is owned by corporate insiders.

UIL Company Profile

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.