Unite Group PLC (LON:UTG) Declares Dividend of GBX 24.90

Unite Group PLC (LON:UTG) announced a dividend on Tuesday, February 25th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 17th will be paid a dividend of GBX 24.90 ($0.33) per share on Friday, May 30th. This represents a yield of 3.06%. The ex-dividend date is Thursday, April 17th. This is a 100.8% increase from Unite Group’s previous dividend of $12.40. The official announcement can be seen at this link.

Unite Group Price Performance

Shares of UTG opened at GBX 852 ($11.23) on Tuesday. Unite Group has a 1 year low of GBX 780.50 ($10.29) and a 1 year high of GBX 1,003 ($13.23). The company has a current ratio of 1.58, a quick ratio of 0.73 and a debt-to-equity ratio of 38.76. The stock has a market cap of £4.13 billion, a P/E ratio of 13.72, a price-to-earnings-growth ratio of 3.20 and a beta of 1.24. The stock’s 50-day moving average price is GBX 828.71 and its two-hundred day moving average price is GBX 847.17.

Unite Group (LON:UTG) last posted its earnings results on Tuesday, February 25th. The company reported GBX 46.60 ($0.61) earnings per share (EPS) for the quarter. Unite Group had a return on equity of 6.45% and a net margin of 79.68%. On average, equities analysts predict that Unite Group will post 47.9341004 earnings per share for the current year.

About Unite Group

Unite Students is the UK’s largest owner, manager and developer of purpose-built student accommodation, serving the country’s world-leading Higher Education sector. We provide homes to 70,000 students across 157 properties in 23 leading university towns and cities. We currently partner with over 60 universities across the UK.