Rodgers Brothers Inc. Acquires 4,750 Shares of United-Guardian, Inc. (NASDAQ:UG)

Rodgers Brothers Inc. lifted its holdings in United-Guardian, Inc. (NASDAQ:UG) by 5.0% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 100,100 shares of the company’s stock after acquiring an additional 4,750 shares during the quarter. Rodgers Brothers Inc. owned 2.18% of United-Guardian worth $766,000 at the end of the most recent quarter.

United-Guardian Stock Up 1.5 %

NASDAQ:UG traded up $0.16 during mid-day trading on Friday, reaching $10.62. The company’s stock had a trading volume of 6,983 shares, compared to its average volume of 10,017. United-Guardian, Inc. has a 1 year low of $5.79 and a 1 year high of $12.50. The stock has a fifty day moving average of $9.61 and a 200-day moving average of $8.60. The firm has a market capitalization of $48.01 million, a PE ratio of 17.67 and a beta of 0.80.

United-Guardian (NASDAQ:UG) last posted its quarterly earnings data on Friday, May 10th. The company reported $0.20 earnings per share (EPS) for the quarter. United-Guardian had a net margin of 23.77% and a return on equity of 25.18%. The firm had revenue of $3.26 million for the quarter.

United-Guardian Increases Dividend

The business also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Tuesday, July 23rd will be given a $0.35 dividend. This represents a yield of 6.1%. The ex-dividend date of this dividend is Tuesday, July 23rd. This is a positive change from United-Guardian’s previous Semi-Annual dividend of $0.10. United-Guardian’s dividend payout ratio is currently 116.67%.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of United-Guardian in a report on Thursday. They set a “buy” rating on the stock.

United-Guardian Company Profile

United-Guardian, Inc manufactures and markets cosmetic ingredients, pharmaceuticals, medical lubricants, and proprietary specialty industrial products in the United States and internationally The company offers cosmetic ingredients, including LUBRAJEL, a line of water-based gel formulation for sensory enhancement, lubrication, and texture to personal care products; LUBRAJEL NATURAL for skin moisturizing; LUBRAJEL MARINE that develops natural products using naturally derived polymers; LUBRAJEL OlL NATURAL, which makes luxuriant textures without adding viscosity; LUBRAJEL TERRA, a multifunctional, moisturizing hydrogel products; LUBRASIL II SB, a formulation of LUBRAJEL; LUBRAJEL II XD; B-122, a powdered lubricant used in the manufacture of pressed powders, eyeliners, rouges, and industrial products; and ORCHID COMPLEX, an oil-soluble base for extract of fresh orchids used in fragrance products, such as perfumes and toiletries.