Unilever Declares Quarterly Dividend of $0.38 (UN)
Unilever (NYSE:UN) announced a quarterly dividend on Tuesday, July 29th, Stock Ratings Network reports. Shareholders of record on Friday, August 8th will be paid a dividend of 0.3842 per share on Wednesday, September 10th. This represents a $1.54 annualized dividend and a dividend yield of 3.59%. The ex-dividend date is Wednesday, August 6th.
A number of analysts have recently weighed in on UN shares. Analysts at Nomura downgraded shares of Unilever from a “neutral” rating to a “reduce” rating in a research note on Wednesday, July 9th. Analysts at Zacks reiterated a “neutral” rating on shares of Unilever in a research note on Friday, May 9th. They now have a $45.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. Unilever has an average rating of “Hold” and an average price target of $35.25.
Shares of Unilever (NYSE:UN) traded up 0.49% on Tuesday, hitting $42.79. The stock had a trading volume of 1,138,066 shares. Unilever has a one year low of $36.57 and a one year high of $44.41. The stock’s 50-day moving average is $43.4 and its 200-day moving average is $41.31. The company has a market cap of $121.7 billion and a P/E ratio of 17.57.
Unilever N.V. (NYSE:UN) is a supplier of fast moving consumer goods.
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