United Co.s (TSE:UNC) Insider Purchases C$10,094.00 in Stock

Key Points

• Insider United Corporations Limited purchased 700 shares of United Co.s stock for a total of C$10,094.00, increasing their position by 53.85% to a total of 2,000 shares.
• The company has declared a quarterly dividend of $0.03 per share, scheduled for payment on November 14th, with a yield of 0.8%.
• United Co.s shares recently traded at C$14.50, with a market capitalization of C$1.63 billion and a one-year price range between C$11.20 and C$14.92.

United Co.s Limited (TSE:UNC - Get Free Report) insider United Corporations Limited bought 700 shares of the company's stock in a transaction on Friday, September 12th. The stock was bought at an average cost of C$14.42 per share, for a total transaction of C$10,094.00. Following the completion of the acquisition, the insider directly owned 2,000 shares of the company's stock, valued at approximately C$28,840. This represents a 53.85% increase in their position.

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

• On Monday, September 8th, United Corporations Limited purchased 700 shares of United Co.s stock. The shares were bought at an average price of C$14.38 per share, with a total value of C$10,066.00.
• On Tuesday, September 9th, United Corporations Limited purchased 600 shares of United Co.s stock. The stock was purchased at an average price of C$14.28 per share, for a total transaction of C$8,568.00.
• On Tuesday, September 16th, United Corporations Limited bought 400 shares of United Co.s stock. The stock was purchased 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 bought 600 shares of United Co.s stock. The stock was acquired at an average cost of C$14.50 per share, with a total value of C$8,700.00.

United Co.s Stock Performance

Shares of TSE:UNC traded up C$0.03 during midday trading on Friday, reaching C$14.50. 4,300 shares of the company's stock traded hands, compared to its average volume of 10,327. United Co.s Limited has a one year low of C$11.20 and a one year high of C$14.92. The company has a market cap of C$1.63 billion, a price-to-earnings ratio of 6.65 and a beta of 0.57. The stock has a 50 day moving average of C$14.28 and a 200 day moving average of C$81.88.

United Co.s Announces Dividend

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

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.

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