Ubiquiti Inc. (NYSE:UI) Plans Quarterly Dividend of $0.80

Ubiquiti Inc. (NYSE:UI) declared a quarterly dividend on Tuesday, May 5th. Stockholders of record on Monday, May 18th will be given a dividend of 0.80 per share on Tuesday, May 26th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, May 18th.

Ubiquiti has raised its dividend payment by an average of 0.1%annually over the last three years. Ubiquiti has a dividend payout ratio of 34.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Ubiquiti to earn $15.16 per share next year, which means the company should continue to be able to cover its $3.20 annual dividend with an expected future payout ratio of 21.1%.

Ubiquiti Trading Down 5.4%

UI stock opened at $624.13 on Friday. The firm has a 50 day moving average of $862.64 and a 200-day moving average of $702.96. Ubiquiti has a 12 month low of $368.42 and a 12 month high of $1,099.99. The firm has a market capitalization of $37.77 billion, a P/E ratio of 40.11 and a beta of 1.46.

Ubiquiti (NYSE:UI) last released its quarterly earnings data on Friday, May 8th. The company reported $3.88 EPS for the quarter, missing analysts’ consensus estimates of $4.29 by ($0.41). Ubiquiti had a net margin of 30.43% and a return on equity of 95.62%. The firm had revenue of $788.20 million during the quarter, compared to the consensus estimate of $814.30 million. The business’s quarterly revenue was up 18.7% compared to the same quarter last year. Sell-side analysts predict that Ubiquiti will post 14.04 EPS for the current year.

About Ubiquiti

Ubiquiti Inc (NYSE: UI) is a U.S.-based technology company that designs and sells networking and wireless communication products for enterprise, service provider and consumer markets. Its product portfolio includes Wi‑Fi access points, routers and gateways, managed Ethernet switches, network management software, and IP surveillance systems. Ubiquiti’s offerings are organized under several well‑known lines—most notably UniFi for managed LAN/Wi‑Fi and networked video, AmpliFi for consumer Wi‑Fi, and product families targeting service‑provider and point‑to‑point wireless broadband applications.

The company emphasizes integrated hardware and software solutions, with centralized management and cloud‑enabled control as core features of its platform approach.