Stuart J. Bridges Buys 12,449 Shares of UIL Limited (LON:UTL) Stock

UIL Limited (LON:UTL) insider Stuart J. Bridges bought 12,449 shares of the company’s stock in a transaction dated Thursday, October 10th. The shares were purchased 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

Shares of LON UTL opened at GBX 106.50 ($1.39) on Friday. UIL Limited has a fifty-two week low of GBX 92 ($1.20) and a fifty-two week high of GBX 134 ($1.75). The business has a fifty day moving average price of GBX 100.32 and a two-hundred day moving average price of GBX 103.59. The stock has a market capitalization of £89.20 million, a PE ratio of -371.93 and a beta of 0.82.

UIL Announces Dividend

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

About UIL

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.