Ultimate Products (LON:ULTP) Issues Earnings Results

Ultimate Products (LON:ULTP) issued its earnings results on Tuesday. The company reported GBX 4.30 ($0.06) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Ultimate Products had a net margin of 6.77% and a return on equity of 21.95%.

Ultimate Products Stock Performance

ULTP stock opened at GBX 72.54 ($0.94) on Tuesday. Ultimate Products has a one year low of GBX 71 ($0.92) and a one year high of GBX 185.50 ($2.40). The stock has a market capitalization of £61.56 million, a P/E ratio of 5.95 and a beta of 1.39. The company has a 50 day moving average price of GBX 89.05 and a two-hundred day moving average price of GBX 114.53.

Ultimate Products Increases Dividend

The business also recently declared a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd were given a dividend of GBX 4.93 ($0.06) per share. This is an increase from Ultimate Products’s previous dividend of $2.45. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a yield of 3.47%. Ultimate Products’s dividend payout ratio (DPR) is presently 57.44%.

Ultimate Products Company Profile

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.