UIL (LON:UTL) announced a dividend on Wednesday, May 23rd, Upcoming.Co.Uk reports. Investors of record on Thursday, June 7th will be paid a dividend of GBX 1.88 ($0.03) per share on Friday, June 22nd. This represents a yield of 1.13%. The ex-dividend date of this dividend is Thursday, June 7th. The official announcement can be seen at this link.
Shares of UTL opened at GBX 1.66 ($0.02) on Thursday. UIL has a 1-year low of GBX 150 ($2.01) and a 1-year high of GBX 180 ($2.42).
In related news, insider Warren McLeland acquired 4,806 shares of the firm’s stock in a transaction that occurred on Thursday, April 5th. The stock was bought at an average price of GBX 168 ($2.25) per share, for a total transaction of £8,074.08 ($10,833.33).
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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