United Co.s (TSE:UNC) Insider United Corporations Limited Acquires 700 Shares

United Co.s Limited (TSE:UNC) insider United Corporations Limited purchased 700 shares of the stock in a transaction dated Friday, September 12th. The stock was acquired at an average price of C$14.42 per share, for a total transaction of C$10,094.00. Following the completion of the transaction, the insider directly owned 2,000 shares of the company’s stock, valued at approximately C$28,840. The trade was a 53.85% increase in their ownership of the stock.

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

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

United Co.s Stock Up 0.2%

UNC opened at C$14.50 on Monday. The firm has a market cap of C$1.63 billion, a P/E ratio of 6.65 and a beta of 0.57. The business’s fifty day simple moving average is C$14.29 and its 200 day simple moving average is C$80.54. United Co.s Limited has a 52 week low of C$11.20 and a 52 week high of C$14.92.

United Co.s Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Tuesday, November 4th will be issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.8%. United Co.s’s dividend payout ratio (DPR) is presently 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.