UIL Limited (LON:UTL) to Issue 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 is Thursday, March 27th. The official announcement can be seen at this link.

UIL Stock Performance

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

Insider Activity

In other news, insider Stuart J. Bridges purchased 11,483 shares of the business’s stock in a transaction dated Monday, January 20th. The shares were purchased at an average price of GBX 116 ($1.50) per share, for a total transaction of £13,320.28 ($17,211.89). Corporate 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.