United-Guardian, Inc. (NASDAQ:UG) declared a semiannual dividend on Friday, December 1st, Wall Street Journal reports. Shareholders of record on Monday, December 11th will be given a dividend of 0.50 per share on Monday, December 18th. This represents a dividend yield of 5.52%. The ex-dividend date is Friday, December 8th. This is a positive change from United-Guardian’s previous semiannual dividend of $0.42.

United-Guardian (UG) opened at $19.80 on Thursday. The stock has a market cap of $90.96, a price-to-earnings ratio of 25.39 and a beta of 0.13. United-Guardian has a fifty-two week low of $13.75 and a fifty-two week high of $21.25.

United-Guardian (NASDAQ:UG) last posted its quarterly earnings results on Thursday, November 9th. The company reported $0.24 earnings per share (EPS) for the quarter. The business had revenue of $3.18 million during the quarter. United-Guardian had a net margin of 28.28% and a return on equity of 25.10%.

A hedge fund recently raised its stake in United-Guardian stock. Northern Trust Corp grew its stake in United-Guardian, Inc. (NASDAQ:UG) by 5.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,763 shares of the company’s stock after purchasing an additional 592 shares during the quarter. Northern Trust Corp owned approximately 0.23% of United-Guardian worth $167,000 as of its most recent SEC filing. 23.48% of the stock is owned by hedge funds and other institutional investors.

Separately, TheStreet upgraded shares of United-Guardian from a “c” rating to a “b” rating in a research note on Thursday, August 24th.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this report on another publication, it was illegally stolen and republished in violation of international copyright & trademark law. The correct version of this report can be viewed at https://www.thecerbatgem.com/2017/12/07/united-guardian-inc-ug-to-issue-semiannual-dividend-of-0-50-on-december-18th.html.

United-Guardian Company Profile

United-Guardian, Inc manufactures and markets cosmetic ingredients, personal care products, pharmaceuticals, medical lubricants, healthcare products and specialty industrial products. The Company also conducts research and product development, primarily related to the development of cosmetic and personal care products.

Dividend History for United-Guardian (NASDAQ:UG)

Receive News & Ratings for United-Guardian Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United-Guardian Inc. and related companies with MarketBeat.com's FREE daily email newsletter.