Ultimate Products Dividend
Dividend criteria checks 3/6
Ultimate Products is a dividend paying company with a current yield of 4.22% 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
4.2%
Dividend yield
51%
Payout ratio
| Industry average yield | 4.2% |
| 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 | 5.5% |
Recent dividend updates
Recent updates
Ultimate Products (LON:ULTP) Has Announced A Dividend Of £0.0245
Apr 26
Ultimate Products' (LON:ULTP) Earnings Offer More Than Meets The Eye
Apr 16An Intrinsic Calculation For Ultimate Products Plc (LON:ULTP) Suggests It's 47% Undervalued
Nov 05Does UP Global Sourcing Holdings (LON:UPGS) Have A Healthy Balance Sheet?
Apr 01Is There An Opportunity With UP Global Sourcing Holdings plc's (LON:UPGS) 35% Undervaluation?
Feb 18Is It Too Late To Consider Buying UP Global Sourcing Holdings plc (LON:UPGS)?
Dec 31UP Global Sourcing Holdings (LON:UPGS) Has Announced That It Will Be Increasing Its Dividend To £0.0482
Dec 07UP Global Sourcing Holdings (LON:UPGS) Will Pay A Larger Dividend Than Last Year At £0.0482
Nov 06Does This Valuation Of UP Global Sourcing Holdings plc (LON:UPGS) Imply Investors Are Overpaying?
Jul 09UP Global Sourcing Holdings (LON:UPGS) Has A Pretty Healthy Balance Sheet
Jun 17I Built A List Of Growing Companies And UP Global Sourcing Holdings (LON:UPGS) Made The Cut
May 10When Should You Buy UP Global Sourcing Holdings plc (LON:UPGS)?
Apr 13UP Global Sourcing Holdings' (LON:UPGS) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 08UP Global Sourcing Holdings (LON:UPGS) Is Increasing Its Dividend To UK£0.033
Nov 05Are UP Global Sourcing Holdings plc (LON:UPGS) Investors Paying Above The Intrinsic Value?
Nov 04Here's Why I Think UP Global Sourcing Holdings (LON:UPGS) Might Deserve Your Attention Today
May 27Is UP Global Sourcing Holdings (LON:UPGS) A Risky Investment?
May 12At UK£1.70, Is UP Global Sourcing Holdings plc (LON:UPGS) Worth Looking At Closely?
Apr 09UP Global Sourcing Holdings plc's (LON:UPGS) Stock Is Going Strong: Is the Market Following Fundamentals?
Mar 02This Insider Has Just Sold Shares In UP Global Sourcing Holdings plc (LON:UPGS)
Feb 10Should You Buy UP Global Sourcing Holdings plc (LON:UPGS) For Its Dividend?
Jan 27We Think UP Global Sourcing Holdings (LON:UPGS) Can Stay On Top Of Its Debt
Jan 08
UP Global Sourcing Holdings plc (LON:UPGS) Looks Interesting, And It's About To Pay A Dividend
Dec 26Why UP Global Sourcing Holdings plc (LON:UPGS) Could Be Worth Watching
Dec 23Here's Why UP Global Sourcing Holdings's (LON:UPGS) Statutory Earnings Are Arguably Too Conservative
Dec 10UP Global Sourcing Holdings (LON:UPGS) Has Compensated Shareholders With A Respectable 45% Return On Their Investment
Nov 25Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ULTP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ULTP'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ULTP) | 4.2% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Retail Distributors) | 4.2% |
| Analyst forecast in 3 Years (ULTP) | 5.5% |
Notable Dividend: ULTP's dividend (4.22%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: ULTP's dividend (4.22%) is low compared to the top 25% of dividend payers in the UK market (5.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.5%), ULTP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.7%), ULTP's dividend payments are well covered by cash flows.