UIL Ltd (UTL) to Issue Dividend of GBX 1.88
UIL Ltd (LON:UTL) declared a dividend on Wednesday, November 22nd, Upcoming.Co.Uk reports. Investors of record on Thursday, December 7th will be paid a dividend of GBX 1.88 ($0.03) per share on Thursday, December 14th. This represents a yield of 1.15%. The ex-dividend date of this dividend is Thursday, December 7th. The official announcement can be seen at this link.
Shares of UIL (LON UTL) traded down GBX 1.06 ($0.01) during mid-day trading on Friday, reaching GBX 1.56 ($0.02). The company had a trading volume of 5,000 shares, compared to its average volume of 9,928. UIL has a 52-week low of GBX 134.10 ($1.80) and a 52-week high of GBX 172.90 ($2.32).
In related news, insider Warren McLeland acquired 4,893 shares of the business’s stock in a transaction on Thursday, October 5th. The stock was bought at an average cost of GBX 165 ($2.21) per share, with a total value of £8,073.45 ($10,812.17).
UIL Company Profile
UIL Limited, formerly Utilico Investments Limited, is a closed end investment company. The Company is engaged in investing the pooled funds of its shareholders in accordance with its investment objective and policy, generating a return for shareholders and spreading the investment risk. Its investment objective is to maximize shareholder returns by identifying and investing in investments across the world where the underlying value is not reflected in the market price.
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