Unilever PLC (UL) to Issue Quarterly Dividend of $0.54 on June 26th

Unilever PLC (NYSE:UL) declared a quarterly dividend on Thursday, February 12th. Shareholders of record on Friday, May 15th will be given a dividend of 0.5449 per share on Friday, June 26th. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Friday, May 15th.

Unilever has raised its dividend by an average of 0.2%annually over the last three years. Unilever has a dividend payout ratio of 60.2% meaning its dividend is sufficiently covered by earnings. Analysts expect Unilever to earn $3.75 per share next year, which means the company should continue to be able to cover its $2.16 annual dividend with an expected future payout ratio of 57.6%.

Unilever Stock Performance

Shares of Unilever stock traded down $0.20 on Wednesday, hitting $57.72. The company had a trading volume of 835,342 shares, compared to its average volume of 4,183,373. Unilever has a 1 year low of $54.95 and a 1 year high of $74.97. The stock has a 50 day moving average of $60.37 and a 200-day moving average of $65.16.

Unilever (NYSE:UL) last announced its quarterly earnings results on Thursday, February 12th. The company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.75 by ($1.00). The company had revenue of $11.87 billion during the quarter, compared to analyst estimates of $31.39 billion. Equities analysts anticipate that Unilever will post 3.54 earnings per share for the current fiscal year.

About Unilever

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever’s corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever’s business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.