UIL Ltd (GB:UTL) has released an update.
UIL Limited reported a slight 0.7% decline in NAV total return for August, underperforming the FTSE All Share Index. Amidst global economic shifts, including interest rate cuts by major banks, the company’s top portfolio constituents remained unchanged despite mixed performance, with some gains in international markets. UIL also announced a fourth quarterly interim dividend to be paid in November, with its ordinary share price and discount to NAV both experiencing a marginal decrease.
For further insights into GB:UTL stock, check out TipRanks’ Stock Analysis page.
