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

United Co.s Limited (TSE:UNC) announced a quarterly dividend on Tuesday, May 7th, Zacks reports. Stockholders of record on Friday, June 14th will be paid 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 is Friday, June 14th. This is a positive change from United Co.s’s previous quarterly dividend of $0.30.

United Co.s Stock Down 0.6 %

Shares of TSE:UNC traded down C$0.74 during mid-day trading on Thursday, hitting C$116.26. 270 shares of the company traded hands, compared to its average volume of 878. The stock has a market cap of C$1.31 billion, a P/E ratio of 4.32 and a beta of 0.61. The stock has a 50-day moving average price of C$117.28 and a two-hundred day moving average price of C$113.55. United Co.s has a 12-month low of C$98.32 and a 12-month 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.

United Co.s (TSE:UNC) last posted its 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 firm had revenue of C$2.10 billion during the quarter.

About United Co.s

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.