Ultimate Products is a dividend paying company with a current yield of 5.17% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 30th May, 2024.
Key information
5.2%
Dividend yield
51%
Payout ratio
Industry average yield
4.3%
Next dividend pay date
28 Jun 24
Ex dividend date
30 May 24
Dividend per share
n/a
Earnings per share
UK£0.14
Dividend yield forecast in 3Y
5.9%
Recent dividend 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 7 years.
Dividend Yield vs Market
Ultimate Products Dividend Yield vs Market
How does ULTPL dividend yield compare to the market?
Segment
Dividend Yield
Company (ULTPL)
5.2%
Market Bottom 25% (GB)
2.0%
Market Top 25% (GB)
5.7%
Industry Average (Retail Distributors)
4.3%
Analyst forecast in 3 Years (ULTPL)
5.9%
Notable Dividend: ULTPL's dividend (5.17%) is higher than the bottom 25% of dividend payers in the UK market (2.04%).
High Dividend: ULTPL's dividend (5.17%) is low compared to the top 25% of dividend payers in the UK market (5.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.5%), ULTPL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.7%), ULTPL's dividend payments are well covered by cash flows.