United Co.s Limited (TSE:UNC) to Issue $0.30 Quarterly Dividend

United Co.s Limited (TSE:UNC) declared a quarterly dividend on Wednesday, June 21st, Zacks reports. Shareholders of record on Friday, August 4th will be paid a dividend of 0.30 per share on Tuesday, August 15th. This represents a $1.20 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend is Wednesday, August 2nd.

Shares of United Co.s Limited (TSE:UNC) remained flat at $98.90 on Friday. The company’s stock had a trading volume of 207 shares. The firm’s 50 day moving average price is $99.80 and its 200-day moving average price is $98.98. United Co.s Limited has a 52 week low of $92.26 and a 52 week high of $103.24.

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In related news, insider Financial Corporation Limi E-L bought 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 3rd. The stock was purchased at an average cost of C$100.00 per share, for a total transaction of C$100,000.00. Over the last quarter, insiders have purchased 1,900 shares of company stock valued at $189,630.

United Co.s Limited Company Profile

United Corporations Limited is a Canada-based closed-end investment company. The Company is an investment vehicle for long-term growth through investments in common equities. The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income.

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