UK Mortgages Ltd (LON:UKML) Declares Dividend of GBX 1.50

UK Mortgages Ltd (LON:UKML) declared a dividend on Wednesday, October 11th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 19th will be paid a dividend of GBX 1.50 ($0.02) per share on Tuesday, October 31st. This represents a yield of 1.57%. The ex-dividend date of this dividend is Thursday, October 19th. The official announcement can be accessed at this link.

UK Mortgages (LON UKML) traded down 0.54% on Friday, reaching GBX 92.50. 1,741,032 shares of the company’s stock traded hands. The firm’s 50 day moving average price is GBX 0.88 and its 200 day moving average price is GBX 0.89. The firm’s market capitalization is GBX 231.25 million. UK Mortgages has a 52-week low of GBX 0.88 and a 52-week high of GBX 92.80.

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About UK Mortgages

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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