U and I Group PLC (LON:UAI) announced a dividend on Wednesday, October 24th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 1st will be given a dividend of GBX 2.40 ($0.03) per share on Friday, November 30th. This represents a yield of 1.14%. The ex-dividend date of this dividend is Thursday, November 1st. The official announcement can be seen at this link.
Shares of UAI traded down GBX 1 ($0.01) during midday trading on Thursday, reaching GBX 217.50 ($2.84). 7,794 shares of the stock were exchanged, compared to its average volume of 126,009. U and I Group has a 52 week low of GBX 163 ($2.13) and a 52 week high of GBX 210.15 ($2.75).
UAI has been the topic of a number of recent research reports. Liberum Capital reissued a “buy” rating on shares of U and I Group in a research report on Friday, October 19th. Peel Hunt reissued a “buy” rating on shares of U and I Group in a research report on Monday, October 8th.
In related news, insider Richard Upton acquired 25,000 shares of the company’s stock in a transaction that occurred on Thursday, August 30th. The shares were bought at an average price of GBX 223 ($2.91) per share, with a total value of £55,750 ($72,847.25).
U and I Group Company Profile
U and I Group PLC, together with its subsidiaries, invests and trades in, and develops real estate properties in the United Kingdom. The company operates through three divisions: Investment, Development and Trading, and Operating. Its property portfolio includes mixed-use regeneration projects, office buildings, residential units, retail units, shopping centers, and commercial spaces.
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