UIL Ltd (LON:UTL) declared a dividend on Friday, November 15th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, December 5th will be given a dividend of GBX 1.88 ($0.02) per share on Friday, December 20th. This represents a dividend yield of 0.74%. The ex-dividend date is Thursday, December 5th. The official announcement can be viewed at this link.
UTL opened at GBX 246.44 ($3.22) on Wednesday. The company has a debt-to-equity ratio of 64.64, a quick ratio of 0.06 and a current ratio of 0.07. UIL has a one year low of GBX 3.32 ($0.04) and a one year high of GBX 263 ($3.44). The company has a market cap of $212.88 million and a P/E ratio of 2.97. The business’s 50-day simple moving average is GBX 251.91 and its 200-day simple moving average is GBX 225.38.
In related news, insider Peter Burrows purchased 60,000 shares of the business’s stock in a transaction that occurred on Thursday, September 19th. The shares were purchased at an average cost of GBX 248 ($3.24) per share, for a total transaction of £148,800 ($194,433.56). Also, insider David Shillson purchased 3,252 shares of UIL stock in a transaction that occurred on Friday, September 27th. The stock was bought at an average cost of GBX 260 ($3.40) per share, with a total value of £8,455.20 ($11,048.22).
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.
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