UK Mortgages Ltd (LON:UKML) declared a dividend on Thursday, October 10th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 17th will be given a dividend of GBX 1.13 ($0.01) per share on Thursday, October 31st. This represents a yield of 1.7%. The ex-dividend date is Thursday, October 17th. The official announcement can be accessed at this link.
LON:UKML opened at GBX 66.50 ($0.87) on Friday. UK Mortgages has a 1 year low of GBX 0.81 ($0.01) and a 1 year high of GBX 92 ($1.20). The stock has a 50-day moving average price of GBX 69.09 and a two-hundred day moving average price of GBX 68.67.
In other UK Mortgages news, insider Christopher Waldron bought 20,000 shares of the firm’s stock in a transaction on Friday, July 26th. The stock was purchased at an average cost of GBX 73 ($0.95) per share, with a total value of £14,600 ($19,077.49).
UK Mortgages Limited is a closed-ended investment company. The Company’s investment objective is to provide Shareholders with access to stable income returns through the application of relatively conservative levels of leverage to portfolios of the United Kingdom mortgages. The Company invests in a portfolio of the United Kingdom residential mortgages.
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