By the close of today, November 20, 2023, Ubiquiti UI will issue a dividend payout of $0.60 per share, resulting in an annualized dividend yield of 1.93%. Only those investors who owned the stock prior to the ex-dividend date on November 10, 2023 will receive this payout.
Ubiquiti Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-10 | 4 | $0.6 | 1.93% | 2023-11-03 | 2023-11-13 | 2023-11-20 |
| 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 |
In terms of dividend yield, Ubiquiti finds itself in the middle ground among its industry peers, while Adtran ADTN takes the lead with the highest annualized dividend yield at 6.49%.
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
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $1.10 to $2.40, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Ubiquiti
The earnings chart above shows that from 2019 to 2022, Ubiquiti has experienced an increase in their earnings from $5.22 per share to $5.58 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
This article delves into the recent dividend payout of Ubiquiti and its implications for shareholders. Presently, the company is distributing a dividend of $0.60 per share, leading to an annualized dividend yield of 1.93%.
In terms of dividend yield, Ubiquiti finds itself in the middle ground among its industry peers, while Adtran takes the lead with the highest annualized dividend yield at 6.49%.
Given that Ubiquiti has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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