UIL Limited (UTL) to Issue Dividend of GBX 2 on June 4th

UIL Limited (LON:UTL) announced a dividend on Wednesday, February 21st, Upcoming.Co.Uk reports. Investors of record on Thursday, May 9th will be given a dividend of GBX 2 ($0.03) per share on Tuesday, June 4th. This represents a dividend yield of 1.71%. The ex-dividend date is Thursday, May 9th. The official announcement can be viewed at this link.

UIL Stock Performance

Shares of UTL opened at GBX 103.35 ($1.30) on Tuesday. The stock has a market capitalization of £86.65 million, a PE ratio of -195.00 and a beta of 0.74. The company’s fifty day moving average is GBX 109.46 and its 200 day moving average is GBX 117.01. UIL has a fifty-two week low of GBX 103 ($1.29) and a fifty-two week high of GBX 150 ($1.88).

Insider Activity

In related news, insider Alison Hill bought 8,628 shares of UIL stock in a transaction dated Tuesday, April 2nd. The shares were acquired at an average cost of GBX 112 ($1.41) per share, with a total value of £9,663.36 ($12,139.90). Insiders own 77.79% of the company’s stock.

UIL Company Profile

UIL Limited is a closed-ended equity mutual fund launched and managed by ICM Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the infrastructure, utility, and related sectors including water, sewerage, waste, electricity, gas, telecommunications, ports, airports, service, rail, roads, and any business with essential service or monopolistic characteristics.