Sustaining Growth Momentum: Ubiquiti Continues to Excel and Reports Rising Profits

At the end of September 11, 2023, Ubiquiti UI will reward its shareholders with a dividend payout of $0.60 per share, demonstrating an annualized dividend yield of 1.56%. Remember, only investors who held the stock before the ex-dividend date on September 01, 2023 will receive this payout.

Ubiquiti Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-09-01 4 $0.6 1.56% 2023-08-25 2023-09-05 2023-09-11
2023-05-12 4 $0.6 1.08% 2023-05-05 2023-05-15 2023-05-22
2023-02-10 4 $0.6 0.79% 2023-02-03 2023-02-13 2023-02-21
2022-11-10 4 $0.6 0.74% 2022-11-04 2022-11-14 2022-11-21
2022-09-02 4 $0.6 0.75% 2022-08-26 2022-09-06 2022-09-13
2022-05-13 4 $0.6 0.87% 2022-05-06 2022-05-16 2022-05-23
2022-02-11 4 $0.6 0.91% 2022-02-04 2022-02-14 2022-02-22
2021-11-12 4 $0.6 0.77% 2021-11-05 2021-11-15 2021-11-22
2021-09-03 4 $0.6 0.8% 2021-08-27 2021-09-07 2021-09-15
2021-05-14 4 $0.4 0.6% 2021-05-07 2021-05-17 2021-05-24
2021-02-12 4 $0.4 0.51% 2021-02-05 2021-02-16 2021-02-22
2020-11-13 4 $0.4 0.81% 2020-11-06 2020-11-16 2020-11-23

With a dividend yield that places it neither at the top nor the bottom, Ubiquiti finds itself in the middle among its industry peers, while Telefonaktiebolaget L M ERIC boasts the highest annualized dividend yield at 4.98%.

Analyzing Ubiquiti Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $1.10 in 2019 to $2.40 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.

YoY Earnings Growth For Ubiquiti

earning chart graph

The earnings chart illustrates an increase in Ubiquiti's earnings per share, from $5.22 in 2019 to $5.58 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.

Recap

In this article, we delve into Ubiquiti's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.60 per share today, resulting in an annualized dividend yield of 1.56%.

With a dividend yield that places it neither at the top nor the bottom, Ubiquiti finds itself in the middle among its industry peers, while Telefonaktiebolaget L M boasts the highest annualized dividend yield at 4.98%.

Considering the increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, Ubiquiti appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.

Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.

[Track real-time stock fluctuations for Ubiquiti on Benzinga.](https://www.benzinga.com/quote/Ubiquiti (NYSE: UI))

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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