UIL Payment date
What is the Payment date of UIL?
The Payment date of UIL Ltd. is N/A
What is the definition of Payment date?
Dividend date is the payment date scheduled for paying out declared dividends.
The dividend date or payment date is the date on which dividends will be paid to shareholders. Only shareholders who owned the stock before an ex-dividend date are entitled to dividends.
What does UIL do?
UIL Limited is a closed-ended equity mutual fund launched and managed by ICM Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the infrastructure, utility, and related sectors including water, sewerage, waste, electricity, gas, telecommunications, ports, airports, service, rail, roads, and any business with essential service or monopolistic characteristics. The fund primarily invests in value stocks of companies. It employs fundamental analysis with a focus on such factors as sound balance sheets, good cash flows, ability to pay and sustain dividends, good asset bases, and market conditions to create its portfolio. The fund benchmarks the performance of its portfolio against the FTSE Utilities Index, FTSE All-Share Index, and the Dow Jones World Utilities Index. It was formerly known as Utilico Investments Limited. UIL Limited was formed on August, 2003 and is domiciled in Bermuda.