Ultimate Products Plc (LON:ULTP) to Issue Dividend of GBX 2.45

Ultimate Products Plc (LON:ULTP) announced a dividend on Tuesday, April 9th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 30th will be given a dividend of GBX 2.45 ($0.03) per share on Friday, June 28th. This represents a yield of 1.64%. The ex-dividend date of this dividend is Thursday, May 30th. The official announcement can be accessed at this link.

Ultimate Products Trading Up 1.8 %

ULTP opened at GBX 149.95 ($1.92) on Wednesday. The stock’s 50-day simple moving average is GBX 155.22. Ultimate Products has a twelve month low of GBX 118 ($1.51) and a twelve month high of GBX 185.50 ($2.37).

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Ultimate Products in a report on Tuesday, April 9th.

Insider Buying and Selling at Ultimate Products

In other Ultimate Products news, insider Chris Dent acquired 13,476 shares of the stock in a transaction that occurred on Friday, May 10th. The stock was bought at an average cost of £148.51 ($189.67) per share, for a total transaction of £2,001,320.76 ($2,555,965.21). 57.50% of the stock is currently owned by company insiders.

About Ultimate Products

Ultimate Products Plc, together with its subsidiaries, supplies branded homeware products in the United Kingdom, Germany, Rest of Europe, and internationally. The company offers a range of durable household products, including vacuum cleaners, food prep, storage solutions, and airers, as well as fans, heaters, and electric fires under the Beldray Brand; cookware, kitchen electrical, and scale products under the Salter brand; audio products under the Intempo brand; non-electrical kitchen and laundry products under the Russell Hobbs brand; and travel luggage and accessories under constellation and ZFrame brands.