Universal Logistics Holdings, Inc. (NASDAQ:ULH – Get Free Report) announced a quarterly dividend on Thursday, April 25th, Zacks reports. Shareholders of record on Monday, June 3rd will be given a dividend of 0.105 per share by the transportation company on Monday, July 1st. This represents a $0.42 annualized dividend and a yield of 0.92%. The ex-dividend date is Monday, June 3rd.
Universal Logistics has increased its dividend by an average of 10.1% annually over the last three years.
Universal Logistics Trading Up 39.4 %
Shares of NASDAQ:ULH traded up $12.95 during trading on Friday, reaching $45.84. 484,218 shares of the stock were exchanged, compared to its average volume of 35,873. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.39 and a current ratio of 1.39. Universal Logistics has a 12-month low of $20.85 and a 12-month high of $48.63. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of 10.01 and a beta of 1.08. The firm’s 50-day moving average price is $34.70 and its 200 day moving average price is $29.58.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on ULH shares. Stifel Nicolaus raised Universal Logistics from a “hold” rating to a “buy” rating and upped their price target for the company from $35.00 to $36.00 in a research report on Wednesday, January 10th. StockNews.com raised Universal Logistics from a “hold” rating to a “buy” rating in a research report on Friday.
Get Our Latest Stock Report on Universal Logistics
About Universal Logistics
Universal Logistics Holdings, Inc provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. The company offers truckload services, which include dry van, flatbed, heavy-haul, and refrigerated operations; domestic and international freight forwarding, and customs brokerage services.
Recommended Stories
- Five stocks we like better than Universal Logistics
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- MarketBeat Week in Review – 4/22 – 4/26
- Investing In Preferred Stock vs. Common Stock
- 3 Stocks Leading the U.S. Agriculture Comeback
- What is the Hang Seng index?
- How to Use Put Debit Spreads to Profit From Falling Stocks
Receive News & Ratings for Universal Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Logistics and related companies with MarketBeat.com's FREE daily email newsletter.