United Co.s (TSE:UNC) Sets New 1-Year High – Should You Buy?

United Co.s Limited (TSE:UNC)’s share price 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 traded. The stock had previously closed at C$128.16.

United Co.s Trading Down 0.6 %

The company’s 50 day simple moving average is C$125.69 and its 200-day simple moving average is C$121.21. The firm has a market cap of C$1.43 billion, a P/E ratio of 4.16 and a beta of 0.60. The company has a quick ratio of 1.14, a current ratio of 2.85 and a debt-to-equity ratio of 1.96.

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

United Co.s Announces Dividend

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

United Co.s Company Profile

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.