Unilever PLC Announces Dividend of GBX 36.93 (LON:ULVR)

Unilever PLC (LON:ULVR) announced a dividend on Thursday, July 22nd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 5th will be paid a dividend of GBX 36.93 ($0.48) per share on Wednesday, September 8th. This represents a dividend yield of 0.86%. The ex-dividend date is Thursday, August 5th. The official announcement can be viewed at this link.

ULVR opened at GBX 4,072.50 ($53.21) on Thursday. The stock has a market capitalization of £106.33 billion and a PE ratio of 22.22. The company’s fifty day moving average is GBX 4,287.27. Unilever has a fifty-two week low of GBX 3,721 ($48.62) and a fifty-two week high of GBX 4,944 ($64.59). The company has a quick ratio of 0.53, a current ratio of 0.79 and a debt-to-equity ratio of 154.66.

Several equities analysts recently weighed in on ULVR shares. JPMorgan Chase & Co. set a GBX 4,600 ($60.10) target price on shares of Unilever in a research note on Thursday. The Goldman Sachs Group set a GBX 4,800 ($62.71) target price on shares of Unilever in a research note on Thursday. Morgan Stanley set a GBX 4,200 ($54.87) target price on shares of Unilever in a research note on Thursday, July 8th. Credit Suisse Group set a GBX 4,800 ($62.71) target price on shares of Unilever and gave the company a “buy” rating in a research note on Monday, April 26th. Finally, Deutsche Bank Aktiengesellschaft set a GBX 5,500 ($71.86) price objective on shares of Unilever and gave the company a “buy” rating in a research report on Friday, April 30th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company’s stock. Unilever currently has a consensus rating of “Hold” and an average price target of GBX 4,515.83 ($59.00).

About Unilever

Unilever PLC operates as a fast-moving consumer goods company in Asia, Africa, the Middle East, Turkey, Russia, Ukraine, Belarus, the Americas, and Europe. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products under the Axe, Clear, Dove, Lifebuoy, Lux, Pond's, Rexona, Signal, Suave, Sunsilk, TRESemmé, and Vaseline brands.

Further Reading: Basic Economics creates winners and losers

Dividend History for Unilever (LON:ULVR)

Receive News & Ratings for Unilever Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever and related companies with MarketBeat.com's FREE daily email newsletter.