UIL Limited is a closed-ended equity mutual fund launched and managed by ICM Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the infrastructure, utility, and related sectors including water, sewerage, waste, electricity, gas, telecommunications, ports, airports, service, rail, roads, and any business with essential service or monopolistic characteristics. The fund primarily invests in value stocks of companies. It employs fundamental analysis with a focus on such factors as sound balance sheets, good cash flows, ability to pay and sustain dividends, good asset bases, and market conditions to create its portfolio. The fund benchmarks the performance of its portfolio against the FTSE Utilities Index, FTSE All-Share Index, and the Dow Jones World Utilities Index. It was formerly known as Utilico Investments Limited. UIL Limited was formed on August, 2003 and is domiciled in Bermuda.
UIL Dividend Announcement
• UIL announced a quarterly dividend of £2.00 per ordinary share which will be made payable on 2024-11-08. Ex dividend date: 2024-09-26
• UIL annual dividend for 2024 was £6.00
• UIL annual dividend for 2023 was £8.00
• UIL's trailing twelve-month (TTM) dividend yield is 7.13%
• UIL's payout ratio for the trailing twelve months (TTM) is -18.19%
• UIL's dividend growth over the last five years (2018-2023) was 1.30% year
• UIL's dividend growth over the last ten years (2013-2023) was -0.15% year
UIL Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-26 | £2.00 | quarterly | 2024-11-08 |
| 2024-07-04 | £2.00 | quarterly | 2024-07-31 |
| 2024-05-09 | £2.00 | quarterly | 2024-05-23 |
| 2023-11-30 | £2.00 | quarterly | 2023-12-21 |
| 2023-09-28 | £2.00 | quarterly | 2023-10-13 |
| 2023-06-01 | £2.00 | quarterly | 2023-06-26 |
| 2023-03-02 | £2.00 | quarterly | 2023-03-31 |
| 2022-12-01 | £2.00 | quarterly | 2022-12-22 |
| 2022-09-01 | £2.00 | quarterly | 2022-09-30 |
| 2022-06-01 | £2.00 | quarterly | 2022-06-30 |
| 2022-03-03 | £2.00 | quarterly | 2022-03-31 |
| 2021-12-02 | £2.00 | quarterly | 2021-12-23 |
| 2021-09-02 | £2.00 | quarterly | 2021-09-30 |
| 2021-06-03 | £2.00 | quarterly | 2021-06-28 |
| 2021-03-04 | £2.00 | quarterly | 2021-03-31 |
| 2020-12-03 | £2.00 | quarterly | 2020-12-21 |
| 2020-09-03 | £2.00 | quarterly | 2020-09-25 |
| 2020-06-04 | £2.00 | quarterly | 2020-06-26 |
| 2020-03-05 | £2.00 | quarterly | 2020-03-27 |
| 2019-12-05 | £1.88 | quarterly | 2019-12-20 |
| 2019-09-05 | £1.88 | quarterly | 2019-09-27 |
| 2019-06-06 | £1.88 | quarterly | 2019-06-28 |
| 2019-03-07 | £1.88 | quarterly | 2019-03-29 |
| 2018-12-06 | £1.88 | quarterly | 2018-12-21 |
| 2018-09-06 | £1.88 | quarterly | 2018-09-21 |
| 2018-06-07 | £1.88 | quarterly | 2018-06-22 |
| 2018-03-08 | £1.88 | quarterly | 2018-03-23 |
| 2017-12-07 | £1.88 | quarterly | 2017-12-14 |
| 2017-09-07 | £1.88 | quarterly | 2017-09-22 |
| 2017-06-08 | £1.88 | quarterly | 2017-06-22 |
| 2017-03-09 | £1.88 | quarterly | 2017-03-22 |
| 2016-12-01 | £1.88 | quarterly | 2016-12-21 |
| 2016-09-08 | £1.88 | quarterly | 2016-09-28 |
| 2016-06-02 | £1.88 | quarterly | 2016-06-23 |
| 2016-02-18 | £1.88 | quarterly | 2016-03-08 |
| 2015-11-19 | £1.88 | quarterly | 2015-12-21 |
| 2015-08-20 | £1.88 | quarterly | 2015-09-16 |
| 2015-05-14 | £1.88 | quarterly | 2015-06-16 |
| 2015-02-26 | £1.88 | quarterly | 2015-03-20 |
| 2014-11-27 | £1.88 | quarterly | 2014-12-19 |
| 2014-08-20 | £1.88 | quarterly | 2014-09-08 |
| 2014-05-28 | £1.88 | quarterly | 2014-06-13 |
| 2014-03-05 | £1.88 | quarterly | 2014-03-21 |
| 2013-11-06 | £1.88 | quarterly | 2013-11-22 |
| 2013-10-02 | £3.75 | quarterly | 2013-10-18 |
| 2013-03-06 | £2.50 | quarterly | 2013-04-10 |
UIL Dividend per year
UIL Dividend growth
UIL Dividend Yield
UIL current trailing twelve-month (TTM) dividend yield is 7.13%. Interested in purchasing UIL stock? Use our calculator to estimate your expected dividend yield:
UIL Financial Ratios
P/E ratio-1.70
PEG ratio4.17
P/B ratio0.68
ROE-34.18%
Payout ratio-18.19%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
UIL Dividend FAQ
How much is the next UIL dividend?
UIL's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next UIL dividend. The next UIL dividend will be released in March, June, September, or November.
When is UIL dividend paid?
UIL pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does UIL pay?
The specific amount of UIL dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find UIL's dividend history.
Does UIL stock pay dividends?
Yes, UIL does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find UIL's dividend history.
How much dividend does UIL pay?
UIL paid £6.0 in 2024, £8.0 in 2023, £8.0 in 2022, £8.0 in 2021, and £8.0 in 2020.
How often does UIL pay dividends?
UIL typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and November.
What is UIL's dividend yield?
The current dividend yield for UIL is 7.13%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate UIL's exact dividend yield.
When does UIL go ex dividend?
UIL's ex-dividend date for the latest dividend was on 2024-09-26. UIL typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next UIL dividend paid?
UIL pays dividends on a quarterly basis, typically around March, June, September, or November, but the exact dates can vary each year.
Will UIL increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether UIL will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is UIL dividend per share?
UIL paid £6.0 per share in 2024 and £8.0 per share in 2023. The amount of dividend per share that UIL pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is UIL a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is UIL a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is UIL a dividend stock?
Yes, UIL is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is UIL a good dividend stock?
Whether UIL is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. UIL has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating UIL as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating UIL as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does UIL pay dividends monthly?
UIL typically pays dividends on a quarterly basis.
Does UIL pay dividends quarterly?
UIL currently pays dividends on a quarterly basis.
Has UIL ever paid a dividend?
Yes, UIL has a history of paying dividends to its shareholders. UIL is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy UIL dividend stocks?
To buy UIL you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy UIL stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy UIL stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does UIL pay dividends 2024?
UIL pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-08. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will UIL increase its dividend in 2024?
Decisions regarding UIL dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date UIL dividend overview you can look into the above table of dividend history.
How UIL dividend works?
The UIL dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how UIL's dividend process works:
1. Determination of Dividend: UIL's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, UIL publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, UIL distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from UIL are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: UIL's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, UIL publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, UIL distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from UIL are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are UIL dividends paid?
UIL dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: UIL sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, UIL distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: UIL declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: UIL sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, UIL distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: UIL declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does UIL pay dividends?
UIL typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does UIL pay dividends?
The general pattern is that UIL pays dividends around March, June, September, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is UIL dividend safe?
The safety of UIL's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of UIL's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review UIL's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of UIL's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review UIL's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.