Utilico Emerging Market Limited (LON:UEM) declared a dividend on Tuesday, February 6th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, February 15th will be given a dividend of GBX 1.80 ($0.02) per share on Thursday, March 1st. This represents a dividend yield of 0.83%. The ex-dividend date of this dividend is Thursday, February 15th. This is a positive change from Utilico Emerging Market’s previous dividend of $1.70. The official announcement can be accessed at this link.
Utilico Emerging Market (UEM) opened at GBX 217.20 ($3.00) on Wednesday. Utilico Emerging Market has a 1 year low of GBX 194.88 ($2.69) and a 1 year high of GBX 234.60 ($3.24). The company has a market cap of $462.54 and a P/E ratio of 638.82.
In other news, insider Susan Hansen acquired 3,565 shares of the business’s stock in a transaction dated Wednesday, January 3rd. The stock was bought at an average cost of GBX 227 ($3.14) per share, for a total transaction of £8,092.55 ($11,180.64).
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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