Unilever plc (ULVR) Announces Dividend Increase – GBX 30.21 Per Share
Unilever plc (LON:ULVR) announced a dividend on Thursday, April 20th. Investors of record on Thursday, May 4th will be given a dividend of GBX 30.21 ($0.39) per share on Wednesday, June 7th. This represents a dividend yield of 0.76%. The ex-dividend date of this dividend is Thursday, May 4th. This is a boost from Unilever plc’s previous dividend of $27.68. The official announcement can be seen at this link.
Shares of Unilever plc (LON:ULVR) traded up 0.94% during trading on Friday, reaching GBX 4138.00. 2,422,976 shares of the company were exchanged. The firm’s market capitalization is GBX 117.51 billion. The company’s 50-day moving average is GBX 4,023.70 and its 200 day moving average is GBX 3,575.01. Unilever plc has a 1-year low of GBX 3,050.50 and a 1-year high of GBX 4,185.00.
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In other Unilever plc news, insider John Rishton Cha bought 2,000 shares of the stock in a transaction on Thursday, April 27th. The shares were bought at an average price of GBX 3,966 ($51.19) per share, with a total value of £79,320 ($102,388.02). Also, insider Strive Masiyiwa bought 1,130 shares of the stock in a transaction on Tuesday, April 25th. The shares were acquired at an average cost of GBX 4,031 ($52.03) per share, for a total transaction of £45,550.30 ($58,797.34). Insiders purchased a total of 3,139 shares of company stock worth $12,523,087 in the last three months.
Several research firms recently commented on ULVR. Liberum Capital restated a “hold” rating and issued a GBX 3,870 ($49.95) price target on shares of Unilever plc in a report on Tuesday. JPMorgan Chase & Co. increased their price objective on shares of Unilever plc from GBX 3,950 ($50.99) to GBX 4,250 ($54.86) and gave the company a “neutral” rating in a research report on Monday. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 4,850 ($62.60) price objective on shares of Unilever plc in a research report on Monday. Jefferies Group LLC increased their price objective on shares of Unilever plc from GBX 4,490 ($57.96) to GBX 4,750 ($61.31) and gave the company a “buy” rating in a research report on Tuesday, May 9th. Finally, Macquarie raised their price target on shares of Unilever plc from GBX 4,500 ($58.09) to GBX 4,700 ($60.67) and gave the stock an “outperform” rating in a research report on Wednesday, April 26th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of GBX 4,096.87 ($52.88).
About Unilever plc
Unilever PLC 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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