Unilever Plans Quarterly Dividend of $0.32 (UL)
Unilever (NYSE:UL) declared a quarterly dividend on Thursday, January 24th. Shareholders of record on Friday, February 8th will be given a dividend of $0.32 per share on Wednesday, March 13th. This represents a $1.29 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date of this dividend is Wednesday, February 6th.
On the ratings front, analysts at Zacks upgraded shares of Unilever from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, November 28th. They now have a $46.00 price target on the stock.
Ten research analysts have rated the stock with a buy rating, one has given an overweight rating, nine have issued a hold rating, one has issued an underweight rating, and one has given a sell rating to the company’s stock. The stock currently has a consensus rating of “overweight” and an average price target of $40.41.
Shares of Unilever (UL) traded down 0.60% during mid-day trading on Thursday, hitting $39.81. Unilever (UL) has a 52 week low of $30.85 and a 52 week high of $40.15. The stock’s 50-day moving average is currently $38.84. The company has a market cap of $112.7 billion and a P/E ratio of 21.47.
Unilever plc is one of the parent companies of the Unilever group (Unilever), which is a supplier of consumer goods.
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