Ultimate Products Dividends and Buybacks
Dividend criteria checks 4/6
Ultimate Products is a dividend paying company with a current yield of 6.02% that is well covered by earnings. Next payment date is on 31st January, 2025 with an ex-dividend date of 2nd January, 2025.
Key information
6.0%
Dividend yield
1.0%
Buyback Yield
| Total Shareholder Yield | 7.0% |
| Future Dividend Yield | 4.9% |
| Dividend Growth | -2.5% |
| Next dividend pay date | 31 Jan 25 |
| Ex dividend date | 02 Jan 25 |
| Dividend per share | UK£0.0738 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ULTPL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ULTPL's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Ultimate Products Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ULTPL) | 6.0% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 6.0% |
| Industry Average (Retail Distributors) | 2.7% |
| Analyst forecast (ULTPL) (up to 3 years) | 4.9% |
Notable Dividend: ULTPL's dividend (6.02%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: ULTPL's dividend (6.02%) is in the top 25% of dividend payers in the UK market (5.98%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.7%), ULTPL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.8%), ULTPL's dividend payments are well covered by cash flows.