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

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

UIL Stock Up 4.0 %

UIL stock opened at GBX 116 ($1.50) on Tuesday. The firm’s fifty day moving average is GBX 114.44 and its 200 day moving average 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). The company has a market cap of £102.59 million, a price-to-earnings ratio of -3.89 and a beta of 0.80.

Insider Activity

In other news, insider Stuart J. Bridges bought 11,483 shares of the stock in a transaction dated Monday, January 20th. The stock was purchased at an average price of GBX 116 ($1.50) per share, for a total transaction of £13,320.28 ($17,211.89). Corporate insiders own 77.99% of the company’s stock.

UIL Company Profile

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.