Ultimate Products (LON:ULTP) Posts Quarterly Earnings Results

Ultimate Products (LON:ULTP) announced its earnings results on Tuesday. The company reported GBX 4.30 ($0.06) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Ultimate Products had a net margin of 6.77% and a return on equity of 21.95%.

Ultimate Products Stock Performance

Shares of ULTP opened at GBX 72.48 ($0.94) on Tuesday. The company has a market cap of £61.50 million, a price-to-earnings ratio of 5.95 and a beta of 1.39. The stock has a fifty day moving average price of GBX 89.05 and a two-hundred day moving average price of GBX 114.53. Ultimate Products has a 52-week low of GBX 71 ($0.92) and a 52-week high of GBX 185.50 ($2.40).

Ultimate Products Increases Dividend

The company also recently announced a dividend, which was paid on Friday, January 31st. Stockholders of record on Thursday, January 2nd were paid a GBX 4.93 ($0.06) dividend. The ex-dividend date was Thursday, January 2nd. This represents a dividend yield of 3.47%. This is a boost from Ultimate Products’s previous dividend of $2.45. Ultimate Products’s payout ratio is 57.44%.

Ultimate Products Company Profile

Ultimate Products is the owner of a number of leading homeware brands including Salter (the UK’s oldest houseware brand, established in 1760) and Beldray (a laundry, floor care, heating and cooling brand that was established in 1872). According to its market research, nearly 80% of UK households own at least one of the Group’s products.

Ultimate Products sells to over 300 retailers across 38 countries, and specialises in five product categories: Small Domestic Appliances; Housewares; Laundry; Audio; and Heating and Cooling.