Ultimate Products Dividend
Dividend criteria checks 3/6
Ultimate Products is a dividend paying company with a current yield of 5.72% that is well covered by earnings. Next payment date is on 26th January, 2024 with an ex-dividend date of 28th December, 2023.
Key information
5.7%
Dividend yield
51%
Payout ratio
Industry average yield | 4.2% |
Next dividend pay date | 26 Jan 24 |
Ex dividend date | 28 Dec 23 |
Dividend per share | n/a |
Earnings per share | UK£0.15 |
Dividend yield forecast in 3Y | 7.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: UPGSL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: UPGSL's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Ultimate Products Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (UPGSL) | 5.7% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.6% |
Industry Average (Retail Distributors) | 4.2% |
Analyst forecast in 3 Years (UPGSL) | 7.2% |
Notable Dividend: UPGSL's dividend (5.72%) is higher than the bottom 25% of dividend payers in the UK market (2.25%).
High Dividend: UPGSL's dividend (5.72%) is low compared to the top 25% of dividend payers in the UK market (5.94%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.6%), UPGSL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.8%), UPGSL's dividend payments are well covered by cash flows.