Ubiquiti Inc. (UI) to Distribute Quarterly Dividend of $1.00 on September 8th

Ubiquiti Inc. (NYSE:UI) announced a quarterly dividend on Tuesday, August 4th. Investors of record on Monday, August 31st will be given a dividend of 1.00 per share on Tuesday, September 8th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, August 31st. This is a 25.0% increase from Ubiquiti’s previous quarterly dividend of $0.80.

Ubiquiti has raised its dividend payment by an average of 0.1%annually over the last three years. Ubiquiti has a dividend payout ratio of 43.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Ubiquiti to earn $17.07 per share next year, which means the company should continue to be able to cover its $4.00 annual dividend with an expected future payout ratio of 23.4%.

Ubiquiti Stock Performance

Shares of UI stock opened at $601.03 on Friday. The firm has a market capitalization of $36.38 billion, a price-to-earnings ratio of 37.92 and a beta of 1.31. Ubiquiti has a one year low of $505.73 and a one year high of $1,099.99. The company has a 50 day moving average price of $553.37 and a 200 day moving average price of $690.24.

Ubiquiti (NYSE:UI) last released its quarterly earnings data on Friday, August 21st. The company reported $4.73 EPS for the quarter, topping analysts’ consensus estimates of $4.03 by $0.70. Ubiquiti had a return on equity of 85.57% and a net margin of 29.33%.The business had revenue of $937.32 million during the quarter, compared to the consensus estimate of $850.50 million. During the same period in the prior year, the firm posted $4.41 EPS. As a group, equities analysts forecast that Ubiquiti will post 15.53 EPS for the current fiscal year.

Ubiquiti Company Profile

Ubiquiti Inc (NYSE: UI) is a U.S.-based technology company that designs and sells networking and wireless communication products for enterprise, service provider and consumer markets. Its product portfolio includes Wi‑Fi access points, routers and gateways, managed Ethernet switches, network management software, and IP surveillance systems. Ubiquiti’s offerings are organized under several well‑known lines—most notably UniFi for managed LAN/Wi‑Fi and networked video, AmpliFi for consumer Wi‑Fi, and product families targeting service‑provider and point‑to‑point wireless broadband applications.

The company emphasizes integrated hardware and software solutions, with centralized management and cloud‑enabled control as core features of its platform approach.