UL Solutions Inc. (ULS) to Issue Quarterly Dividend of $0.14 on December 10th

UL Solutions Inc. (NYSE:ULS) declared a quarterly dividend on Wednesday, November 11th. Shareholders of record on Monday, November 30th will be given a dividend of $0.1450 per share on Thursday, December 10th. This represents a $0.58 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, November 30th.

UL Solutions Trading Down 0.1%

NYSE:ULS opened at $81.53 on Friday. UL Solutions has a twelve month low of $63.17 and a twelve month high of $107.54. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.44. The business has a 50 day moving average price of $71.60 and a two-hundred day moving average price of $82.71. The company has a market cap of $16.46 billion, a P/E ratio of 41.84, a price-to-earnings-growth ratio of 3.16 and a beta of 0.62.

UL Solutions (NYSE:ULS) last posted its quarterly earnings data on Tuesday, November 3rd. The company reported $0.62 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.62. The company had revenue of $823.00 million for the quarter, compared to the consensus estimate of $815.72 million. UL Solutions had a net margin of 16.07% and a return on equity of 26.65%. The firm’s revenue was up 5.1% compared to the same quarter last year. During the same period last year, the company earned $0.56 earnings per share. As a group, analysts expect that UL Solutions will post 2.21 EPS for the current fiscal year.

UL Solutions Company Profile

UL Solutions Inc. provides testing, inspection, certification, software and advisory services focused on product safety, performance and sustainability. Its work helps companies assess products and processes against technical standards and regulatory requirements. The company serves manufacturers and other organizations across industries and geographies. Its services include product testing and certification, cybersecurity and supply-chain assessments, and software and consulting tools for managing compliance and sustainability efforts.