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

UIL Limited (LON:UTL) declared a dividend on Friday, December 20th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 2nd will be given a dividend of GBX 2 ($0.03) per share on Friday, January 17th. This represents a dividend yield of 1.82%. The ex-dividend date is Thursday, January 2nd. The official announcement can be viewed at this link.

UIL Price Performance

Shares of UIL stock traded down GBX 2.50 ($0.03) during trading on Friday, hitting GBX 109 ($1.37). The company’s stock had a trading volume of 15,657 shares, compared to its average volume of 13,091. The stock has a market cap of £91.30 million, a price-to-earnings ratio of -363.33 and a beta of 0.80. UIL has a 52 week low of GBX 92 ($1.16) and a 52 week high of GBX 134 ($1.68). The stock has a 50-day moving average price of GBX 108.49 and a two-hundred day moving average price of GBX 104.17.

Insider Activity

In other UIL news, insider Stuart J. Bridges purchased 12,449 shares of the firm’s stock in a transaction on Thursday, October 10th. The stock was purchased at an average cost of GBX 107 ($1.34) per share, for a total transaction of £13,320.43 ($16,740.52). Insiders own 77.99% 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.