Unilever NV (NYSE:UN) Announces $0.35 Quarterly Dividend

Unilever NV (NYSE:UN) declared a quarterly dividend on Friday, July 21st, NASDAQ reports. Shareholders of record on Friday, August 4th will be given a dividend of 0.352 per share on Wednesday, September 6th. This represents a $1.41 annualized dividend and a yield of 2.41%. The ex-dividend date is Wednesday, August 2nd.

Unilever NV has raised its dividend payment by an average of 0.2% annually over the last three years. Unilever NV has a payout ratio of 52.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Unilever NV to earn $3.02 per share next year, which means the company should continue to be able to cover its $1.41 annual dividend with an expected future payout ratio of 46.7%.

Unilever NV (UN) opened at 58.53 on Friday. Unilever NV has a 12-month low of $38.41 and a 12-month high of $59.05. The firm has a market cap of $164.62 billion, a P/E ratio of 24.52 and a beta of 0.90. The firm’s 50-day moving average is $57.32 and its 200 day moving average is $52.48.

Several brokerages have recently issued reports on UN. BidaskClub upgraded Unilever NV from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 12th. Royal Bank Of Canada cut Unilever NV from a “sector perform” rating to an “underperform” rating in a research note on Thursday, August 10th. UBS AG restated a “neutral” rating on shares of Unilever NV in a research note on Monday, July 17th. Finally, Zacks Investment Research upgraded Unilever NV from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a research note on Tuesday, June 6th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $65.00.

TRADEMARK VIOLATION WARNING: “Unilever NV (NYSE:UN) Announces $0.35 Quarterly Dividend” was first published by Community Financial News and is the sole property of of Community Financial News. If you are viewing this article on another website, it was illegally copied and reposted in violation of US & international copyright and trademark law. The original version of this article can be accessed at https://www.com-unik.info/2017/08/19/unilever-nv-nyseun-plans-0-35-quarterly-dividend-updated-updated.html.

Unilever NV Company Profile

Unilever N.V. is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

Dividend History for Unilever NV (NYSE:UN)

What are top analysts saying about Unilever NV? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Unilever NV and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit