UIL Limited Plans Dividend of GBX 2 (LON:UTL)

UIL Limited (LON:UTL) announced a dividend on Friday, February 21st, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 27th will be paid a dividend of GBX 2 ($0.03) per share on Friday, April 25th. This represents a dividend yield of 1.75%. The ex-dividend date of this dividend is Thursday, March 27th. The official announcement can be viewed at this link.

UIL Stock Up 4.0 %

Shares of UIL stock opened at GBX 116 ($1.50) on Tuesday. UIL has a twelve month low of GBX 92 ($1.19) and a twelve month high of GBX 121 ($1.56). The company has a market cap of £102.59 million, a price-to-earnings ratio of -3.89 and a beta of 0.80. The company’s 50 day moving average is GBX 114.44 and its 200 day moving average is GBX 108.50.

Insider Activity

In other UIL news, insider Stuart J. Bridges purchased 11,483 shares of UIL stock in a transaction dated Monday, January 20th. The stock was purchased at an average price of GBX 116 ($1.50) per share, with a total value of £13,320.28 ($17,211.89). Insiders own 77.99% of the company’s stock.

About UIL

UIL Limited is focused on uncovering investments with underlying value.

UIL’s investment objective is to maximise shareholder returns by identifying and investing in investments worldwide where the underlying value is not fully recognised.

UIL Limited (formerly Utilico Investments Limited and Utilico Limited) is an exempted closed-end Bermuda incorporated investment company, established as a successor to Utilico Investment Trust plc.