United-Guardian, Inc. (UG) Plans Dividend Increase – $0.50 Per Share
United-Guardian, Inc. (NASDAQ:UG) declared a semiannual dividend on Friday, December 1st, Wall Street Journal reports. Stockholders of record on Monday, December 11th will be given a dividend of 0.50 per share on Monday, December 18th. This represents a dividend yield of 5.52%. The ex-dividend date is Friday, December 8th. This is a boost from United-Guardian’s previous semiannual dividend of $0.42.
United-Guardian (NASDAQ UG) opened at $18.10 on Friday. United-Guardian has a one year low of $13.75 and a one year high of $21.25. The stock has a market cap of $78.10, a P/E ratio of 21.80 and a beta of 0.14.
United-Guardian (NASDAQ:UG) last released its quarterly earnings data on Thursday, November 9th. The company reported $0.24 earnings per share (EPS) for the quarter. United-Guardian had a net margin of 28.28% and a return on equity of 25.10%. The firm had revenue of $3.18 million for the quarter.
Separately, TheStreet upgraded shares of United-Guardian from a “c” rating to a “b” rating in a research note on Thursday, August 24th.
A hedge fund recently raised its stake in United-Guardian stock. Northern Trust Corp increased its holdings in shares of United-Guardian, Inc. (NASDAQ:UG) by 5.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,763 shares of the company’s stock after purchasing an additional 592 shares during the period. Northern Trust Corp owned approximately 0.23% of United-Guardian worth $167,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 23.48% of the company’s stock.
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United-Guardian Company Profile
United-Guardian, Inc manufactures and markets cosmetic ingredients, personal care products, pharmaceuticals, medical lubricants, healthcare products and specialty industrial products. The Company also conducts research and product development, primarily related to the development of cosmetic and personal care products.
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