Ultra Electronics Holdings plc Announces Dividend of GBX 41.50 (LON:ULE)

Ultra Electronics Holdings plc (LON:ULE) announced a dividend on Tuesday, March 9th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 8th will be given a dividend of GBX 41.50 ($0.54) per share on Friday, May 14th. This represents a dividend yield of 2.08%. The ex-dividend date of this dividend is Thursday, April 8th. The official announcement can be viewed at this link.

Ultra Electronics stock opened at GBX 2,114 ($27.62) on Wednesday. The company’s 50-day moving average price is GBX 2,003.80 and its 200-day moving average price is GBX 2,052.72. Ultra Electronics has a twelve month low of GBX 1,820 ($23.78) and a twelve month high of GBX 2,540 ($33.19). The company has a quick ratio of 1.14, a current ratio of 1.60 and a debt-to-equity ratio of 43.08. The company has a market cap of £1.50 billion and a PE ratio of 17.76.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 2,600 ($33.97) target price on shares of Ultra Electronics in a report on Wednesday, March 17th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. Ultra Electronics presently has a consensus rating of “Hold” and a consensus price target of GBX 2,285 ($29.85).

About Ultra Electronics

Ultra Electronics Holdings plc, provides application-engineered bespoke solutions in the defense and aerospace, security and cyber, transport, and energy markets. It offers command and sonar systems; maritime systems; ocean systems; and electronic system solutions across surface and sub-surface platforms.

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Dividend History for Ultra Electronics (LON:ULE)

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