Ubiquiti Inc. (UI) To Go Ex-Dividend on February 17th

Ubiquiti Inc. (NYSE:UI) announced a quarterly dividend on Friday, February 6th. Shareholders of record on Tuesday, February 17th will be paid a dividend of 0.80 per share on Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, February 17th.

Ubiquiti has raised its dividend by an average of 0.1%annually over the last three years. Ubiquiti has a dividend payout ratio of 34.4% indicating that its dividend is sufficiently covered by earnings. Analysts expect Ubiquiti to earn $8.10 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 39.5%.

Ubiquiti Stock Performance

Shares of UI opened at $718.28 on Friday. The stock has a market capitalization of $43.47 billion, a PE ratio of 48.93 and a beta of 1.40. The company’s 50-day simple moving average is $578.53 and its 200-day simple moving average is $589.27. Ubiquiti has a 1 year low of $255.00 and a 1 year high of $803.59.

Ubiquiti (NYSE:UI) last announced its earnings results on Friday, February 6th. The company reported $3.88 earnings per share for the quarter, topping the consensus estimate of $3.08 by $0.80. Ubiquiti had a net margin of 29.90% and a return on equity of 113.21%. The firm had revenue of $814.87 million for the quarter, compared to the consensus estimate of $716.95 million. During the same period in the prior year, the firm earned $2.28 EPS. The firm’s revenue for the quarter was up 35.8% on a year-over-year basis. On average, sell-side analysts predict that Ubiquiti will post 7.21 earnings per share for the current year.

Ubiquiti Company Profile

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.