Ubiquiti Inc. Announces Quarterly Dividend of $0.80 (NYSE:UI)

Ubiquiti Inc. (NYSE:UIGet Free Report) declared a quarterly dividend on Friday, February 6th. Investors of record on Tuesday, February 17th will be given a dividend of 0.80 per share on Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, February 17th.

Ubiquiti has increased its dividend by an average of 0.1%annually over the last three years. Ubiquiti has a payout ratio of 34.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Ubiquiti to earn $8.10 per share next year, which means the company should continue to be able to cover its $3.20 annual dividend with an expected future payout ratio of 39.5%.

Ubiquiti Price Performance

Shares of UI opened at $620.89 on Friday. Ubiquiti has a one year low of $255.00 and a one year high of $803.59. The company has a market cap of $37.56 billion, a P/E ratio of 47.47 and a beta of 1.40. The firm has a 50 day simple moving average of $563.82 and a two-hundred day simple moving average of $579.10.

Ubiquiti (NYSE:UIGet Free Report) last released its quarterly earnings data on Friday, February 6th. The company reported $3.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.08 by $0.80. Ubiquiti had a net margin of 28.72% and a return on equity of 132.71%. The business had revenue of $814.87 million during the quarter, compared to analysts’ expectations of $716.95 million. During the same period in the prior year, the company earned $2.28 EPS. The firm’s quarterly revenue was up 35.8% compared to the same quarter last year. On average, analysts expect that Ubiquiti will post 7.21 earnings per share for the current fiscal year.

Ubiquiti News Summary

Here are the key news stories impacting Ubiquiti this week:

Ubiquiti Company Profile

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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.

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Dividend History for Ubiquiti (NYSE:UI)

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