U and I Group PLC (LON:UAI) announced a dividend on Wednesday, October 18th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 26th will be given a dividend of GBX 2.40 ($0.03) per share on Friday, November 24th. This represents a yield of 1.29%. The ex-dividend date is Thursday, October 26th. The official announcement can be seen at this link.
U and I Group PLC (LON UAI) traded down 0.94% during mid-day trading on Wednesday, reaching GBX 184.50. 46,955 shares of the company traded hands. The company’s 50-day moving average is GBX 185.80 and its 200-day moving average is GBX 187.60. The stock’s market capitalization is GBX 230.82 million. U and I Group PLC has a 12-month low of GBX 149.43 and a 12-month high of GBX 205.00.
Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 230 ($3.04) price objective on shares of U and I Group PLC in a report on Wednesday, October 18th.
About U and I Group PLC
U and I Group PLC, formerly Development Securities PLC, is a property regeneration company. The Company’s segments include Investment, which is engaged in the management of its investment property portfolio, generating rental income and valuation surpluses from property management; Development and trading, including management of its development and trading properties, and Operating, which consists of servicing of office operations.