United Co.s Limited Plans Quarterly Dividend of $0.03 (TSE:UNC)

Key Points

• United Co.s Limited has declared a quarterly dividend of $0.03 per share, payable to stockholders on November 14th, 2023.
• The company’s current dividend yield stands at 0.8%, based on this declared dividend.
• United Co.s' stock experienced a slight increase, reaching C$14.30, with a market capitalization of C$160.89 million.

United Co.s Limited (TSE:UNC - Get Free Report) announced a quarterly dividend on Thursday, July 31st, RTT News reports. Stockholders of record on Tuesday, November 4th will be given a dividend of 0.03 per share on Friday, November 14th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%.

United Co.s Stock Performance

Shares of United Co.s stock traded down C$0.11 during trading hours on Monday, reaching C$14.19. 717 shares of the company were exchanged, compared to its average volume of 11,498. United Co.s has a 1 year low of C$11.20 and a 1 year high of C$14.32. The stock's fifty day moving average is C$100.95 and its 200 day moving average is C$117.41. The firm has a market cap of C$159.65 million, a PE ratio of 0.40 and a beta of 0.60.

About United Co.s

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.