Stuart J. Bridges Buys 12,449 Shares of UIL Limited (LON:UTL) Stock

UIL Limited (LON:UTL) insider Stuart J. Bridges bought 12,449 shares of UIL stock in a transaction dated Thursday, October 10th. The stock was purchased at an average price of GBX 107 ($1.40) per share, with a total value of £13,320.43 ($17,432.84).

UIL Stock Down 1.9 %

LON UTL opened at GBX 104.50 ($1.37) on Friday. The stock has a market capitalization of £87.53 million, a P/E ratio of -368.57 and a beta of 0.82. UIL Limited has a 52-week low of GBX 92 ($1.20) and a 52-week high of GBX 134 ($1.75). The firm has a 50-day moving average price of GBX 100.24 and a 200 day moving average price of GBX 103.55.

UIL Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, November 8th. Stockholders of record on Thursday, September 26th will be paid a dividend of GBX 2 ($0.03) per share. This represents a dividend yield of 2.05%. The ex-dividend date is Thursday, September 26th. UIL’s dividend payout ratio (DPR) is -2,857.14%.

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.