Universal Store Holdings Limited (ASX:UNI) Increases Dividend to $0.19 Per Share

Universal Store Holdings Limited (ASX:UNI) declared a final dividend on Tuesday, September 3rd, MarketIndexAU reports. Stockholders of record on Wednesday, September 25th will be given a dividend of 0.19 per share on Wednesday, September 25th. This represents a dividend yield of 2.72%. The ex-dividend date is Tuesday, September 3rd. This is a boost from Universal Store’s previous final dividend of $0.08.

Universal Store Stock Performance

The company has a debt-to-equity ratio of 50.00, a quick ratio of 0.99 and a current ratio of 1.21.

Insiders Place Their Bets

In related news, insider David MacLean sold 83,060 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of A$5.75 ($3.91), for a total transaction of A$477,595.00 ($324,894.56). 20.75% of the stock is owned by company insiders.

Universal Store Company Profile

Universal Store Holdings Limited operates as a specialty retailer of casual men's and women's fashion, shoes, accessories, lifestyle, and gifting in Australia. The company's products include tops and shirts, overalls, t-shirts and tank tops, jeans, hoodies and sweaters, dresses, sets and coordinates, jumpers and knits, coats and jackets, pants, skirts, shorts, underwear, polos, singlets, swimwear, and denim products; boots, Havaianas, heels, shoes, slides and sandals, sneakers, socks, and shoe care and laces; kids shoes; and accessories, such as bags, belts, face masks, hair and beauty products, hats, sunglasses and eyewear, jewellery, headwear, wallets, keyrings, and watches.