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

UIL Limited (LON:UTL) declared a dividend on Friday, June 21st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 4th will be given a dividend of GBX 2 ($0.03) per share on Wednesday, July 31st. This represents a dividend yield of 1.93%. The ex-dividend date is Thursday, July 4th. The official announcement can be accessed at this link.

UIL Price Performance

Shares of LON UTL opened at GBX 103.50 ($1.32) on Friday. The stock has a market capitalization of £86.77 million, a PE ratio of -195.28 and a beta of 0.74. The firm has a fifty day moving average of GBX 104.69 and a 200-day moving average of GBX 113.67. UIL has a 52-week low of GBX 99 ($1.26) and a 52-week high of GBX 150 ($1.91).

Insiders Place Their Bets

In other UIL news, insider Alison Hill acquired 8,628 shares of the company’s stock in a transaction dated Tuesday, April 2nd. The stock was bought at an average price of GBX 112 ($1.42) per share, with a total value of £9,663.36 ($12,278.73). 77.79% of the stock is currently owned by 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.