Unilever PLC (NYSE:UL – Get Free Report) announced a dividend on Thursday, October 24th, NASDAQ reports. Stockholders of record on Friday, November 8th will be paid a dividend of 0.4755 per share on Friday, December 6th. The ex-dividend date of this dividend is Friday, November 8th. This is a boost from Unilever’s previous dividend of $0.35.
Unilever has raised its dividend payment by an average of 0.1% annually over the last three years. Unilever has a dividend payout ratio of 55.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Unilever to earn $3.30 per share next year, which means the company should continue to be able to cover its $1.91 annual dividend with an expected future payout ratio of 57.9%.
Unilever Trading Down 1.0 %
Unilever stock traded down $0.61 during mid-day trading on Friday, hitting $61.69. The stock had a trading volume of 1,511,398 shares, compared to its average volume of 2,621,845. The firm’s 50 day moving average is $63.79 and its 200 day moving average is $58.04. Unilever has a one year low of $46.16 and a one year high of $65.87.
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About Unilever
Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.
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