Ultimate Products (LON:ULTP) Trading Down 0.2% – What’s Next?

Ultimate Products Plc (LON:ULTPGet Free Report) was down 0.2% on Wednesday . The company traded as low as GBX 77.20 ($1.00) and last traded at GBX 77.25 ($1.00). Approximately 81,122 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 171,998 shares. The stock had previously closed at GBX 77.40 ($1.00).

Ultimate Products Trading Down 2.6 %

The company has a market cap of £62.80 million, a price-to-earnings ratio of 6.07 and a beta of 1.39. The business has a fifty day moving average of GBX 90.37 and a two-hundred day moving average of GBX 115.94.

Ultimate Products Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 2nd were issued a GBX 4.93 ($0.06) dividend. This is a boost from Ultimate Products’s previous dividend of $2.45. The ex-dividend date was Thursday, January 2nd. This represents a yield of 3.47%. Ultimate Products’s dividend payout ratio is presently 57.44%.

Ultimate Products Company Profile

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Ultimate Products is the owner of a number of leading homeware brands including Salter (the UK’s oldest houseware brand, established in 1760) and Beldray (a laundry, floor care, heating and cooling brand that was established in 1872). According to its market research, nearly 80% of UK households own at least one of the Group’s products.

Ultimate Products sells to over 300 retailers across 38 countries, and specialises in five product categories: Small Domestic Appliances; Housewares; Laundry; Audio; and Heating and Cooling.

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