United Co.s (TSE:UNC) Sets New 52-Week High – What’s Next?

Shares of United Co.s Limited (TSE:UNC) reached a new 52-week high on Tuesday . The company traded as high as C$128.50 and last traded at C$128.03, with a volume of 328 shares changing hands. The stock had previously closed at C$128.16.

United Co.s Price Performance

The company has a market cap of C$1.43 billion, a P/E ratio of 4.16 and a beta of 0.60. The firm’s 50-day moving average is C$125.69 and its two-hundred day moving average is C$121.21. The company has a debt-to-equity ratio of 1.96, a current ratio of 2.85 and a quick ratio of 1.14.

United Co.s (TSE:UNC) last posted its earnings results on Friday, August 2nd. The company reported C$0.74 earnings per share for the quarter. United Co.s had a net margin of 83.09% and a return on equity of 16.47%. The firm had revenue of C$2.33 billion for the quarter.

United Co.s Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 1st will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, November 1st. This represents a $1.20 dividend on an annualized basis and a yield of 0.94%. United Co.s’s dividend payout ratio (DPR) is presently 3.92%.

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.