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

UIL Limited (LON:UTL) announced a dividend on Friday, February 21st, DividendData.Co.Uk reports. Stockholders 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 dividend yield of 1.75%. The ex-dividend date is Thursday, March 27th. The official announcement can be viewed at this link.

UIL Stock Performance

Shares of LON:UTL traded up GBX 4.50 ($0.06) during mid-day trading on Tuesday, hitting GBX 116 ($1.50). The stock had a trading volume of 6 shares, compared to its average volume of 10,500. UIL has a 12-month low of GBX 92 ($1.19) and a 12-month high of GBX 121 ($1.56). The company has a market cap of £102.59 million, a PE ratio of -3.89 and a beta of 0.80. The company’s 50 day moving average is GBX 114.44 and its 200-day moving average is GBX 108.50.

Insider Activity

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

About UIL

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.