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Ultimate Products Plc (LON:ULTP) Announces GBX 1.55 Dividend

Ultimate Products logo with Consumer Cyclical background
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Ultimate Products Plc (LON:ULTP - Get Free Report) announced a dividend on Tuesday, March 25th, DividendData.Co.Uk reports. Stockholders of record on Thursday, May 29th will be paid a dividend of GBX 1.55 ($0.02) per share on Friday, June 27th. This represents a dividend yield of 2.16%. The ex-dividend date of this dividend is Thursday, May 29th. The official announcement can be accessed at this link.

Ultimate Products Price Performance

ULTP stock traded down GBX 0.75 ($0.01) during midday trading on Friday, reaching GBX 71.25 ($0.92). 81,413 shares of the company's stock traded hands, compared to its average volume of 164,729. Ultimate Products has a fifty-two week low of GBX 70.20 ($0.91) and a fifty-two week high of GBX 185.50 ($2.40). The business has a 50-day moving average price of GBX 86.37 and a two-hundred day moving average price of GBX 112.78. The company has a market capitalization of £60.46 million, a P/E ratio of 5.85 and a beta of 1.39.

Ultimate Products (LON:ULTP - Get Free Report) last announced its quarterly earnings results on Tuesday, March 25th. The company reported GBX 4.30 ($0.06) earnings per share for the quarter. Ultimate Products had a net margin of 6.77% and a return on equity of 21.95%. As a group, research analysts forecast that Ultimate Products will post 14.53125 earnings per share for the current fiscal year.

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Wall Street Analyst Weigh In

ULTP has been the topic of several analyst reports. Canaccord Genuity Group reissued a "buy" rating and set a GBX 130 ($1.68) price target on shares of Ultimate Products in a research report on Tuesday, March 25th. Shore Capital reissued a "house stock" rating on shares of Ultimate Products in a research report on Tuesday, March 25th.

Read Our Latest Research Report on ULTP

About Ultimate Products

(Get Free Report)

Ultimate Products is the owner of a number of leading homeware brands including Salter (the UK's oldest houseware brand, established in 1760) and Beldray (a laundry, floor care, heating and cooling brand that was established in 1872). According to its market research, nearly 80% of UK households own at least one of the Group's products. Ultimate Products sells to over 300 retailers across 38 countries, and specialises in five product categories: Small Domestic Appliances; Housewares; Laundry; Audio; and Heating and Cooling.

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