Unilever N.V. (NYSE:UL) declared a quarterly dividend on Thursday, January 31st, NASDAQ reports. Shareholders of record on Friday, February 15th will be paid a dividend of 0.442 per share on Wednesday, March 20th. This represents a $1.77 annualized dividend and a yield of 3.25%. The ex-dividend date is Thursday, February 14th. This is an increase from Unilever’s previous quarterly dividend of $0.35.
Unilever has raised its dividend payment by an average of 11.7% per year over the last three years and has increased its dividend every year for the last 3 years. Unilever has a dividend payout ratio of 61.4% indicating that its dividend is sufficiently covered by earnings.
UL traded up $0.04 during trading on Friday, hitting $54.34. The stock had a trading volume of 826,342 shares, compared to its average volume of 927,811. The stock has a market capitalization of $63.45 billion, a P/E ratio of 19.62, a P/E/G ratio of 3.52 and a beta of 0.64. Unilever has a twelve month low of $50.74 and a twelve month high of $58.07.
WARNING: This piece was originally published by Ticker Report and is owned by of Ticker Report. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. and international trademark and copyright legislation. The correct version of this piece can be read at https://www.tickerreport.com/banking-finance/4138827/unilever-n-v-ul-to-issue-quarterly-dividend-of-0-44-on-march-20th.html.
Unilever Company Profile
Unilever PLC operates in the fast-moving consumer goods industry worldwide. It operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skin care and hair care products, deodorants, and oral care products. The Home Care segment provides home care products, including powders, liquids and capsules, soap bars, and various cleaning products.
Featured Story: What is Depreciation?
Receive News & Ratings for Unilever Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever and related companies with MarketBeat.com's FREE daily email newsletter.