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IN BRIEF: UIL Lifts Annual Payout But Net Asset Value Falls

Wed, 28th Oct 2020 18:07

UIL Ltd - closed-end Bermuda-incorporated investment company - Net asset value per share at June 30, end of financial year, falls 21% to 292.79 pence from 369.57 pence. Reports NAV total return of negative 19%, swinging from positive 30%. Raises payout 5% to 7.875p from 7.5p.

Current stock price: 161.50p

Year-to-date change: down 36%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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