Ubiquiti Inc. Announces Quarterly Dividend of $0.80 (NYSE:UI)

Ubiquiti Inc. (NYSE:UI) declared a quarterly dividend on Friday, February 6th. Stockholders of record on Tuesday, February 17th will be paid a dividend of 0.80 per share on Monday, February 23rd. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, February 17th.

Ubiquiti has raised its dividend payment by an average of 0.1%annually over the last three years. Ubiquiti has a dividend payout ratio of 34.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Ubiquiti to earn $8.10 per share next year, which means the company should continue to be able to cover its $3.20 annual dividend with an expected future payout ratio of 39.5%.

Ubiquiti Stock Performance

Shares of UI traded up $43.71 on Friday, hitting $619.71. 213,842 shares of the stock traded hands, compared to its average volume of 111,075. Ubiquiti has a one year low of $255.00 and a one year high of $803.59. The company has a market capitalization of $37.49 billion, a PE ratio of 47.38 and a beta of 1.40. The business has a 50 day simple moving average of $563.06 and a 200 day simple moving average of $577.91.

Ubiquiti (NYSE:UI) last issued its earnings results on Friday, February 6th. The company reported $3.88 EPS for the quarter, beating the consensus estimate of $3.08 by $0.80. The business had revenue of $814.87 million for the quarter, compared to the consensus estimate of $716.95 million. Ubiquiti had a return on equity of 132.71% and a net margin of 28.72%.The company’s revenue was up 35.8% compared to the same quarter last year. During the same period last year, the business posted $2.28 EPS. On average, equities analysts expect that Ubiquiti will post 7.21 earnings per share for the current year.

About Ubiquiti

Ubiquiti Inc (NYSE: UI) is a U.S.-based technology company that designs and sells networking and wireless communication products for enterprise, service provider and consumer markets. Its product portfolio includes Wi‑Fi access points, routers and gateways, managed Ethernet switches, network management software, and IP surveillance systems. Ubiquiti’s offerings are organized under several well‑known lines—most notably UniFi for managed LAN/Wi‑Fi and networked video, AmpliFi for consumer Wi‑Fi, and product families targeting service‑provider and point‑to‑point wireless broadband applications.

The company emphasizes integrated hardware and software solutions, with centralized management and cloud‑enabled control as core features of its platform approach.