Utilico Emerging Market Limited (LON:UEM) declared a dividend on Tuesday, February 6th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, February 15th will be given a dividend of GBX 1.80 ($0.02) per share on Thursday, March 1st. This represents a dividend yield of 0.83%. The ex-dividend date is Thursday, February 15th. This is an increase from Utilico Emerging Market’s previous dividend of $1.70. The official announcement can be viewed at this link.
Shares of Utilico Emerging Market (LON:UEM) traded up GBX 216.84 ($3.00) during trading hours on Wednesday, hitting GBX 219 ($3.03). The stock had a trading volume of 304,429 shares, compared to its average volume of 197,796. Utilico Emerging Market has a 1-year low of GBX 194.88 ($2.69) and a 1-year high of GBX 234.60 ($3.24). The stock has a market cap of $466.42 and a PE ratio of 644.12.
In other news, insider Susan Hansen purchased 3,565 shares of the business’s stock in a transaction dated Wednesday, January 3rd. The stock was bought at an average cost of GBX 227 ($3.14) per share, with a total value of £8,092.55 ($11,180.64).
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Utilico Emerging Market Company Profile
Utilico Emerging Markets Limited is an exempted closed-end investment company. The Company’s investment objective is to provide long-term total return through a flexible investment policy that permits it to make investments in infrastructure, utility and related sectors, mainly in emerging markets. The Company’s investments include (but are not limited to) water, sewerage, waste, electricity, gas, telecommunications, ports, airports, service companies, rail, roads, any business with essential service or monopolistic characteristics and in any new infrastructure or utilities, which may arise mainly in emerging markets.
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