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Ultimate Products (LON:ULTP) Sets New 12-Month Low - Here's Why

Ultimate Products logo with Consumer Cyclical background

Ultimate Products Plc (LON:ULTP - Get Free Report)'s share price reached a new 52-week low during trading on Monday . The company traded as low as GBX 108 ($1.35) and last traded at GBX 108.50 ($1.36), with a volume of 128113 shares traded. The stock had previously closed at GBX 112.50 ($1.41).

Ultimate Products Stock Down 3.6 %

The firm has a market cap of £92.83 million, a P/E ratio of 775.00 and a beta of 1.39. The business has a fifty day moving average of GBX 121.97 and a 200 day moving average of GBX 134.24.

Ultimate Products Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 2nd will be issued a dividend of GBX 4.93 ($0.06) per share. The ex-dividend date is Thursday, January 2nd. This represents a yield of 3.47%. This is a boost from Ultimate Products's previous dividend of $2.45. Ultimate Products's dividend payout ratio (DPR) is presently 5,000.00%.

About Ultimate Products

(Get Free Report)

Ultimate Products Plc, together with its subsidiaries, supplies branded homeware products in the United Kingdom, Germany, Rest of Europe, and internationally. The company offers a range of durable household products, including vacuum cleaners, food prep, storage solutions, and airers, as well as fans, heaters, and electric fires under the Beldray Brand; cookware, kitchen electrical, and scale products under the Salter brand; audio products under the Intempo brand; non-electrical kitchen and laundry products under the Russell Hobbs brand; and travel luggage and accessories under constellation and ZFrame brands.

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