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

UIL Limited (LON:UTL) declared a dividend on Friday, February 21st, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 27th will be given 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 accessed at this link.

UIL Stock Performance

Shares of LON:UTL opened at GBX 116 ($1.50) on Tuesday. UIL has a 52-week low of GBX 92 ($1.19) and a 52-week high of GBX 121 ($1.56). The stock has a market capitalization of £102.59 million, a price-to-earnings ratio of -3.89 and a beta of 0.80. The stock’s 50-day simple moving average is GBX 114.44 and its two-hundred day simple moving average is GBX 108.50.

Insider Buying and Selling at UIL

In other news, insider Stuart J. Bridges purchased 11,483 shares of the stock in a transaction on Monday, January 20th. The shares were acquired at an average price of GBX 116 ($1.50) per share, with a total value of £13,320.28 ($17,211.89). 77.99% of the stock is currently owned by corporate insiders.

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.