United Co.s Limited (TSE:UNC) Declares Quarterly Dividend of $0.40

United Co.s Limited (TSE:UNC) declared a quarterly dividend on Tuesday, May 7th, Zacks reports. Stockholders of record on Friday, June 14th will be given a dividend of 0.40 per share on Friday, June 28th. This represents a $1.60 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend is Friday, June 14th. This is a positive change from United Co.s’s previous quarterly dividend of $0.30.

United Co.s Trading Down 0.6 %

TSE UNC traded down C$0.74 during trading on Thursday, hitting C$116.26. The company had a trading volume of 270 shares, compared to its average volume of 878. The company’s fifty day moving average is C$117.28 and its 200-day moving average is C$113.55. United Co.s has a one year low of C$98.32 and a one year high of C$119.50. The company has a current ratio of 0.70, a quick ratio of 1.14 and a debt-to-equity ratio of 1.96. The company has a market cap of C$1.31 billion, a price-to-earnings ratio of 4.32 and a beta of 0.61.

United Co.s (TSE:UNC) last released its quarterly earnings results on Thursday, February 8th. The company reported C$0.30 earnings per share (EPS) for the quarter. United Co.s had a net margin of 83.20% and a return on equity of 16.60%. The company had revenue of C$2.10 billion during the quarter.

United Co.s Company Profile

United Corporations Limited is a closed ended equity fund launched and managed by Jarislowsky, Fraser Limited. It is co-managed by ValueInvest Asset Management SA It invests in the public equity markets of Canada. The fund also makes its investments in units of in Emerging Markets Investors Fund. It makes its investments in stocks of companies operating across diversified sectors.