Unilever plc (LON:ULVR) announced a dividend on Thursday, October 18th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 1st will be given a dividend of GBX 33.93 ($0.44) per share on Wednesday, December 5th. This represents a yield of 0.85%. The ex-dividend date is Thursday, November 1st. The official announcement can be seen at this link.
Unilever stock traded up GBX 69.50 ($0.91) during trading hours on Friday, hitting GBX 4,146.50 ($54.18). 2,836,979 shares of the stock traded hands, compared to its average volume of 2,750,000. Unilever has a 1 year low of GBX 3,678.50 ($48.07) and a 1 year high of GBX 4,557.50 ($59.55).
A number of analysts have recently commented on the company. Sanford C. Bernstein set a GBX 4,850 ($63.37) target price on Unilever and gave the stock a “buy” rating in a research note on Thursday, July 19th. Goldman Sachs Group upgraded Unilever to a “neutral” rating and lowered their target price for the stock from GBX 3,900 ($50.96) to GBX 3,800 ($49.65) in a research note on Thursday, September 6th. Credit Suisse Group set a GBX 4,225 ($55.21) target price on Unilever and gave the stock a “neutral” rating in a research note on Wednesday, September 19th. Barclays restated an “overweight” rating and issued a GBX 4,730 ($61.81) target price on shares of Unilever in a research note on Tuesday, September 4th. Finally, Jefferies Financial Group set a GBX 4,590 ($59.98) target price on Unilever and gave the stock a “neutral” rating in a research note on Tuesday, October 2nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of GBX 4,369.85 ($57.10).
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Unilever PLC operates in the fast-moving consumer goods industry worldwide. It operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skin care and hair care products, deodorants, and oral care products. The Home Care segment provides home care products, including powders, liquids and capsules, soap bars, and various cleaning products.
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