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

Unite Group PLC (LON:UTG) announced a dividend on Tuesday, February 25th, DividendData.Co.Uk reports. Investors of record on Thursday, April 17th will be given a dividend of GBX 24.90 ($0.33) per share on Friday, May 30th. This represents a dividend 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 viewed at this link.

Unite Group Trading Up 2.1 %

Unite Group stock opened at GBX 852.50 ($11.24) 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 firm’s 50 day moving average price is GBX 828.71 and its two-hundred day moving average price is GBX 847.17. The firm has a market cap of £4.14 billion, a price-to-earnings ratio of 13.73, a price-to-earnings-growth ratio of 3.20 and a beta of 1.24. The company has a debt-to-equity ratio of 38.76, a quick ratio of 0.73 and a current ratio of 1.58.

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

Unite Group Company Profile

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.