Unilever PLC (UL) To Go Ex-Dividend on February 27th

Unilever PLC (NYSE:UL) declared a quarterly dividend on Thursday, February 12th. Stockholders of record on Friday, February 27th will be given a dividend of 0.5547 per share on Friday, April 10th. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, February 27th.

Unilever has increased its dividend by an average of 0.0%per year over the last three years. Unilever has a payout ratio of 65.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Unilever to earn $3.49 per share next year, which means the company should continue to be able to cover its $2.34 annual dividend with an expected future payout ratio of 67.0%.

Unilever Trading Up 1.6%

Shares of NYSE UL opened at $74.65 on Friday. Unilever has a 52-week low of $61.11 and a 52-week high of $74.98. The firm’s fifty day moving average is $66.46 and its two-hundred day moving average is $67.91.

Unilever (NYSE:UL) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.75 EPS for the quarter, missing the consensus estimate of $1.75 by ($1.00). The business had revenue of $11.87 billion for the quarter, compared to analyst estimates of $31.39 billion. On average, research analysts forecast that Unilever will post 3.27 earnings per share for the current 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.