Insider Buying: Utilico Emerging Market Limited (UEM) Insider Acquires 3,600 Shares of Stock
Utilico Emerging Market Limited (LON:UEM) insider Anthony Muh purchased 3,600 shares of the business’s stock in a transaction that occurred on Tuesday, October 3rd. The stock was bought at an average price of GBX 224 ($2.97) per share, with a total value of £8,064 ($10,696.38).
Utilico Emerging Market Limited (LON UEM) traded up 0.67% during midday trading on Tuesday, reaching GBX 224.00. 12,935 shares of the company traded hands. Utilico Emerging Market Limited has a one year low of GBX 188.04 and a one year high of GBX 229.00. The firm has a 50-day moving average price of GBX 2.22 and a 200-day moving average price of GBX 2.21.
The firm also recently announced a dividend, which was paid on Thursday, September 21st. Shareholders of record on Thursday, August 24th were issued a dividend of GBX 1.70 ($0.02) per share. The ex-dividend date of this dividend was Thursday, August 24th. This represents a yield of 0.76%.
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About Utilico Emerging Market Limited
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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