UK Mortgages Ltd (LON:UKML) Insider Acquires £7,425 in Stock

UK Mortgages Ltd (LON:UKML) insider Helen F. Green bought 11,250 shares of the business’s stock in a transaction dated Monday, October 28th. The shares were bought at an average price of GBX 66 ($0.86) per share, with a total value of £7,425 ($9,702.08).

LON:UKML opened at GBX 66 ($0.86) on Tuesday. The stock has a fifty day moving average price of GBX 67.51 and a 200-day moving average price of GBX 69.40. UK Mortgages Ltd has a fifty-two week low of GBX 0.81 ($0.01) and a fifty-two week high of GBX 90.26 ($1.18).

The business also recently announced a dividend, which will be paid on Thursday, October 31st. Stockholders of record on Thursday, October 17th will be given a dividend of GBX 1.13 ($0.01) per share. The ex-dividend date of this dividend is Thursday, October 17th. This represents a dividend yield of 1.7%.

UK Mortgages Company Profile

UK Mortgages Limited is a closed-ended investment company. The Company’s investment objective is to provide Shareholders with access to stable income returns through the application of relatively conservative levels of leverage to portfolios of the United Kingdom mortgages. The Company invests in a portfolio of the United Kingdom residential mortgages.

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