United Co.s (TSE:UNC) Reaches New 1-Year High at $122.20

United Co.s Limited (TSE:UNCGet Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$122.20 and last traded at C$122.20, with a volume of 100 shares trading hands. The stock had previously closed at C$121.53.

United Co.s Stock Up 0.6 %

The stock has a market capitalization of C$1.38 billion, a price-to-earnings ratio of 4.52 and a beta of 0.61. The firm’s fifty day moving average is C$119.79 and its 200-day moving average is C$117.41. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.70 and a quick ratio of 1.14.

United Co.s Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Friday, August 2nd will be issued a $0.30 dividend. The ex-dividend date is Friday, August 2nd. This represents a $1.20 annualized dividend and a yield of 0.98%. United Co.s’s dividend payout ratio is presently 5.91%.

About United Co.s

(Get Free Report)

United Corporations Limited is a closed ended equity fund launched and managed by Jarislowsky, Fraser Limited. It is co-managed by ValueInvest Asset Management SA It invests in the public equity markets of Canada. The fund also makes its investments in units of in Emerging Markets Investors Fund. It makes its investments in stocks of companies operating across diversified sectors.

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