Unilever PLC (LON:ULVR) Raises Dividend to GBX 36.74 Per Share

Unilever PLC (LON:ULVR) declared a dividend on Thursday, April 25th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 16th will be paid a dividend of GBX 36.74 ($0.45) per share on Friday, June 7th. This represents a dividend yield of 0.95%. The ex-dividend date of this dividend is Thursday, May 16th. This is an increase from Unilever’s previous dividend of $36.47. The official announcement can be viewed at this link.

Unilever Stock Performance

Shares of ULVR stock opened at GBX 4,133 ($51.05) on Friday. The company has a current ratio of 0.76, a quick ratio of 0.49 and a debt-to-equity ratio of 142.66. The firm has a fifty day moving average price of GBX 3,897.46 and a 200 day moving average price of GBX 3,868.62. The company has a market cap of £103.74 billion, a P/E ratio of 1,878.64, a PEG ratio of 14.44 and a beta of 0.17. Unilever has a 12 month low of GBX 3,680.50 ($45.46) and a 12 month high of GBX 4,483.25 ($55.38).

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Barclays reiterated an “overweight” rating and set a GBX 4,600 ($56.82) target price on shares of Unilever in a research note on Monday, April 8th. Berenberg Bank restated a “buy” rating and issued a GBX 4,960 ($61.26) price objective on shares of Unilever in a research note on Thursday. Finally, Jefferies Financial Group restated an “underperform” rating and issued a GBX 3,400 ($42.00) price objective on shares of Unilever in a research note on Wednesday, March 20th.

About Unilever

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.