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

UIL Limited (LON:UTL) announced a dividend on Monday, November 20th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 30th will be given a dividend of GBX 2 ($0.03) per share on Thursday, December 21st. This represents a yield of 1.7%. The ex-dividend date of this dividend is Thursday, November 30th. The official announcement can be accessed at this link.

UIL Stock Down 0.7 %

UTL stock traded down GBX 0.78 ($0.01) during trading on Monday, hitting GBX 116.22 ($1.45). 927 shares of the company’s stock traded hands, compared to its average volume of 14,112. The stock has a fifty day moving average price of GBX 121.69 and a two-hundred day moving average price of GBX 135.24. The stock has a market capitalization of £97.44 million, a price-to-earnings ratio of -215.22 and a beta of 0.76. UIL has a 52 week low of GBX 112 ($1.40) and a 52 week high of GBX 180 ($2.25).

Insider Transactions at UIL

In other news, insider Stuart J. Bridges purchased 19,972 shares of the stock in a transaction dated Monday, October 2nd. The stock was acquired at an average price of GBX 120 ($1.50) per share, for a total transaction of £23,966.40 ($29,984.24). Insiders own 77.20% of the company’s stock.

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.