UIL Limited (LON:UTL) Insider Stuart J. Bridges Acquires 12,449 Shares

UIL Limited (LON:UTL) insider Stuart J. Bridges bought 12,449 shares of UIL stock in a transaction that occurred on Thursday, October 10th. The stock was bought at an average cost of GBX 107 ($1.40) per share, with a total value of £13,320.43 ($17,432.84).

UIL Price Performance

UTL opened at GBX 106.50 ($1.39) on Friday. The company has a market capitalization of £89.20 million, a price-to-earnings ratio of -371.93 and a beta of 0.82. The business’s 50-day moving average price is GBX 100.32 and its two-hundred day moving average price is GBX 103.59. UIL Limited has a 1 year low of GBX 92 ($1.20) and a 1 year high of GBX 134 ($1.75).

UIL Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, November 8th. Shareholders of record on Thursday, September 26th will be paid a GBX 2 ($0.03) dividend. This represents a yield of 2.05%. The ex-dividend date of this dividend is Thursday, September 26th. UIL’s payout ratio is -2,857.14%.

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.