Unilever NV (NYSE:UN) declared a quarterly dividend on Thursday, February 1st, Zacks reports. Shareholders of record on Friday, February 16th will be paid a dividend of 0.445 per share on Wednesday, March 21st. This represents a $1.78 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date is Thursday, February 15th. This is a boost from Unilever’s previous quarterly dividend of $0.35.
Unilever has decreased its dividend by an average of 2.6% per year over the last three years. Unilever has a payout ratio of 61.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Unilever to earn $2.89 per share next year, which means the company should continue to be able to cover its $1.69 annual dividend with an expected future payout ratio of 58.5%.
Unilever (NYSE UN) opened at $53.53 on Friday. Unilever has a 1-year low of $40.97 and a 1-year high of $61.62.
Unilever 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.
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