UIL Ltd to Issue Dividend of GBX 1.88 (UTL)
UIL Ltd (LON:UTL) declared a dividend on Tuesday, August 15th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 7th will be paid a dividend of GBX 1.88 ($0.02) per share on Friday, September 22nd. This represents a yield of 1.15%. The ex-dividend date is Thursday, September 7th. The official announcement can be viewed at this link.
Shares of UIL (LON:UTL) remained flat at GBX 162.75 on Friday. 522 shares of the stock were exchanged. The firm’s 50-day moving average price is GBX 2.64 and its 200 day moving average price is GBX 2.65. UIL has a 52 week low of GBX 132.60 and a 52 week high of GBX 193.55.
In related news, insider Warren McLeland bought 4,593 shares of the stock in a transaction on Monday, July 10th. The shares were bought at an average cost of GBX 172 ($2.22) per share, for a total transaction of £7,899.96 ($10,217.23).
UIL Limited, formerly Utilico Investments Limited, is a closed end investment company. The Company is engaged in investing the pooled funds of its shareholders in accordance with its investment objective and policy, generating a return for shareholders and spreading the investment risk. Its investment objective is to maximize shareholder returns by identifying and investing in investments across the world where the underlying value is not reflected in the market price.
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