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United Co.s Limited (TSE:UNC) Plans Dividend Increase - $0.40 Per Share

United Co.s Limited (TSE:UNC - Get Free Report) declared a quarterly dividend on Tuesday, May 7th, Zacks reports. Shareholders of record on Friday, June 14th will be paid a dividend of 0.40 per share on Friday, June 28th. This represents a $1.60 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date is Friday, June 14th. This is a boost from United Co.s's previous quarterly dividend of $0.30.

United Co.s Trading Up 0.3 %

Shares of TSE:UNC traded up C$0.30 during mid-day trading on Thursday, reaching C$117.30. The stock had a trading volume of 3,671 shares, compared to its average volume of 928. The firm has a 50 day simple moving average of C$117.28 and a two-hundred day simple moving average of C$113.55. United Co.s has a twelve month low of C$98.32 and a twelve month high of C$119.50. The firm has a market cap of C$1.32 billion, a PE ratio of 4.32 and a beta of 0.61. The company has a current ratio of 0.70, a quick ratio of 1.14 and a debt-to-equity ratio of 1.96.

United Co.s (TSE:UNC - Get Free Report) last posted its earnings results on Thursday, February 8th. The company reported C$0.30 earnings per share for the quarter. The company had revenue of C$2.10 billion for the quarter. United Co.s had a net margin of 83.20% and a return on equity of 16.60%.

About United Co.s

(Get Free Report)

United Corporations Limited is a closed ended equity fund launched and managed by Jarislowsky, Fraser Limited. It is co-managed by ValueInvest Asset Management SA It invests in the public equity markets of Canada. The fund also makes its investments in units of in Emerging Markets Investors Fund. It makes its investments in stocks of companies operating across diversified sectors.

See Also

Dividend History for United Co.s (TSE:UNC)

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