Utilico Emerging Market Limited (LON:UEM) declared a dividend on Monday, November 20th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 7th will be given a dividend of GBX 1.70 ($0.02) per share on Wednesday, December 20th. This represents a dividend yield of 0.77%. The ex-dividend date is Thursday, December 7th. The official announcement can be seen at this link.
Utilico Emerging Market (LON UEM) opened at GBX 2.16 ($0.03) on Friday. Utilico Emerging Market has a twelve month low of GBX 188.04 ($2.52) and a twelve month high of GBX 230.50 ($3.09).
In related news, insider Anthony Muh purchased 3,600 shares of the stock in a transaction that occurred on Tuesday, October 3rd. The shares were purchased at an average price of GBX 224 ($3.00) per share, with a total value of £8,064 ($10,799.52). Also, insider Garth Milne acquired 90,967 shares of Utilico Emerging Market stock in a transaction that occurred on Thursday, September 7th. The stock was purchased at an average price of GBX 183 ($2.45) per share, with a total value of £166,469.61 ($222,940.42).
Utilico Emerging Markets Limited is an exempted closed-end investment company. The Company’s investment objective is to provide long-term total return through a flexible investment policy that permits it to make investments in infrastructure, utility and related sectors, mainly in emerging markets. The Company’s investments include (but are not limited to) water, sewerage, waste, electricity, gas, telecommunications, ports, airports, service companies, rail, roads, any business with essential service or monopolistic characteristics and in any new infrastructure or utilities, which may arise mainly in emerging markets.
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