UK Mortgages (LON:UKML) Stock Price Up 0.8%

UK Mortgages Ltd (LON:UKML) rose 0.8% on Monday . The stock traded as high as GBX 73.58 ($0.96) and last traded at GBX 73.37 ($0.96), approximately 124,137 shares changed hands during trading. A decline of 37% from the average daily volume of 196,281 shares. The stock had previously closed at GBX 72.75 ($0.95).

The firm has a fifty day simple moving average of GBX 67.08 and a two-hundred day simple moving average of GBX 70.35.

The company also recently declared a dividend, which was paid on Thursday, October 31st. Shareholders of record on Thursday, October 17th were issued a dividend of GBX 1.13 ($0.01) per share. This represents a yield of 1.7%. The ex-dividend date was Thursday, October 17th.

In other news, insider Helen F. Green purchased 11,250 shares of the business’s stock in a transaction on Monday, October 28th. The stock was acquired at an average price of GBX 66 ($0.86) per share, for a total transaction of £7,425 ($9,702.08).

About UK Mortgages (LON:UKML)

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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