United Corporations Limited Purchases 700 Shares of United Co.s (TSE:UNC) Stock

Key Points

• United Corporations Limited purchased a total of 700 shares of United Co.s stock at an average price of C$14.38 per share, increasing their ownership in the company.
• The stock of United Co.s traded up 0.2%, reaching C$14.50, with a market capitalization of C$1.63 billion.
• United Co.s declared a quarterly dividend of $0.03 to be paid on November 14th, representing an annualized yield of 0.8%.

United Co.s Limited (TSE:UNC - Get Free Report) insider United Corporations Limited purchased 700 shares of United Co.s stock in a transaction dated Monday, September 8th. The stock was bought at an average price of C$14.38 per share, with a total value of C$10,066.00. Following the completion of the purchase, the insider directly owned 700 shares of the company's stock, valued at approximately C$10,066. This trade represents a ∞ increase in their ownership of the stock.

United Corporations Limited also recently made the following trade(s):

• On Tuesday, September 9th, United Corporations Limited bought 600 shares of United Co.s stock. The shares were bought at an average price of C$14.28 per share, with a total value of C$8,568.00.
• On Friday, September 12th, United Corporations Limited purchased 700 shares of United Co.s stock. The shares were acquired at an average cost of C$14.42 per share, for a total transaction of C$10,094.00.
• On Tuesday, September 16th, United Corporations Limited purchased 400 shares of United Co.s stock. The stock was acquired at an average price of C$14.25 per share, for a total transaction of C$5,700.00.
• On Monday, September 22nd, United Corporations Limited purchased 600 shares of United Co.s stock. The shares were bought at an average cost of C$14.50 per share, with a total value of C$8,700.00.

United Co.s Trading Up 0.2%

Shares of UNC traded up C$0.03 during mid-day trading on Friday, hitting C$14.50. The company's stock had a trading volume of 4,300 shares, compared to its average volume of 10,327. The company's 50-day moving average is C$14.28 and its 200-day moving average is C$81.88. United Co.s Limited has a 52-week low of C$11.20 and a 52-week high of C$14.92. The firm has a market capitalization of C$1.63 billion, a price-to-earnings ratio of 6.65 and a beta of 0.57.

United Co.s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Tuesday, November 4th will be issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.8%. United Co.s's payout ratio is 5.50%.

United Co.s Company Profile

The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income. Short-term volatility is expected and tolerated. Management remains confident that the Companys investment strategy will reward shareholders over the long-term.The investment portfolio of the Company comprises primarily foreign equities.

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