Unique Fabricating Inc (NASDAQ:UFAB) announced a quarterly dividend on Monday, August 7th, Wall Street Journal reports. Investors of record on Thursday, August 31st will be paid a dividend of 0.15 per share on Thursday, September 7th. This represents a $0.60 annualized dividend and a yield of 7.54%. The ex-dividend date of this dividend is Tuesday, August 29th.

Shares of Unique Fabricating (NASDAQ:UFAB) traded down 4.10% during midday trading on Monday, reaching $7.96. The company had a trading volume of 64,125 shares. The company’s 50-day moving average is $9.37 and its 200-day moving average is $10.94. Unique Fabricating has a 1-year low of $7.45 and a 1-year high of $15.93. The stock has a market capitalization of $77.65 million and a PE ratio of 11.37.

Unique Fabricating (NASDAQ:UFAB) last posted its quarterly earnings data on Wednesday, May 10th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by $0.02. The firm had revenue of $47.86 million for the quarter, compared to analysts’ expectations of $46.89 million. Unique Fabricating had a net margin of 4.28% and a return on equity of 16.29%. On average, equities research analysts forecast that Unique Fabricating will post $0.91 EPS for the current year.

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UFAB has been the subject of a number of research reports. B. Riley reiterated a “buy” rating and set a $13.75 price objective on shares of Unique Fabricating in a research report on Thursday. Zacks Investment Research upgraded Unique Fabricating from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 19th.

About Unique Fabricating

Unique Fabricating, Inc is a United States-based company, which is engaged in the engineering and manufacturing of components for customers in the automotive and industrial appliance market. The Company offers various solutions, which consist of multi-material foam, rubber and plastic components. The Company’s fabricating capabilities include foam fabricating; foam die cutting; multi-layer die cutting; precision high-speed cutting; kiss cutting; fusion molding; vacuum forming; twin-sheet thermoforming; compression molding precision original equipment manufacturing (OEM) parts; non-metallic materials die cutting/fabrication; sound control parts, and soundproofing materials.

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