UK Mortgages Ltd (LON:UKML) declared a dividend on Thursday, October 10th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 17th will be given a dividend of GBX 1.13 ($0.01) per share on Thursday, October 31st. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, October 17th. The official announcement can be accessed at this link.
UK Mortgages stock traded down GBX 0.25 ($0.00) during trading hours on Thursday, hitting GBX 66 ($0.86). The company had a trading volume of 76,210 shares, compared to its average volume of 196,281. UK Mortgages has a 1 year low of GBX 0.81 ($0.01) and a 1 year high of GBX 92 ($1.20). The company has a 50-day moving average price of GBX 69.30 and a two-hundred day moving average price of GBX 68.82.
In related news, insider Christopher Waldron acquired 20,000 shares of the stock in a transaction on Friday, July 26th. The stock was bought at an average cost of GBX 73 ($0.95) per share, with a total value of £14,600 ($19,077.49).
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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