Unite Group PLC (LON:UTG) Declares Dividend of GBX 24.90

Unite Group PLC (LON:UTG) declared a dividend on Tuesday, February 25th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 17th will be given a dividend of GBX 24.90 ($0.33) per share on Friday, May 30th. This represents a dividend yield of 3.06%. The ex-dividend date of this dividend is Thursday, April 17th. This is a 100.8% increase from Unite Group’s previous dividend of $12.40. The official announcement can be seen at this link.

Unite Group Price Performance

Shares of LON:UTG opened at GBX 852 ($11.23) on Tuesday. The company has a current ratio of 1.58, a quick ratio of 0.73 and a debt-to-equity ratio of 38.76. The firm’s 50 day moving average is GBX 828.71 and its two-hundred day moving average is GBX 847.17. The firm has a market capitalization of £4.13 billion, a P/E ratio of 13.72, a PEG ratio of 3.20 and a beta of 1.24. Unite Group has a 52 week low of GBX 780.50 ($10.29) and a 52 week high of GBX 1,003 ($13.23).

Unite Group (LON:UTG) last posted its earnings results on Tuesday, February 25th. The company reported GBX 46.60 ($0.61) EPS for the quarter. Unite Group had a return on equity of 6.45% and a net margin of 79.68%. Analysts anticipate that Unite Group will post 47.9341004 earnings per share for the current year.

Unite Group Company Profile

Unite Students is the UK’s largest owner, manager and developer of purpose-built student accommodation, serving the country’s world-leading Higher Education sector. We provide homes to 70,000 students across 157 properties in 23 leading university towns and cities. We currently partner with over 60 universities across the UK.