Ultimate Products (LON:ULTP) Releases Quarterly Earnings Results

Ultimate Products (LON:ULTP) announced its quarterly earnings data on Tuesday. The company reported GBX 4.30 ($0.06) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Ultimate Products had a net margin of 6.77% and a return on equity of 21.95%.

Ultimate Products Trading Up 1.5 %

ULTP stock opened at GBX 72.48 ($0.94) on Tuesday. Ultimate Products has a 1-year low of GBX 71 ($0.92) and a 1-year high of GBX 185.50 ($2.40). The business’s 50 day moving average is GBX 89.05 and its 200-day moving average is GBX 114.53. The firm has a market cap of £61.50 million, a P/E ratio of 5.95 and a beta of 1.39.

Ultimate Products Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd were paid a dividend of GBX 4.93 ($0.06) per share. This is a boost from Ultimate Products’s previous dividend of $2.45. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a yield of 3.47%. Ultimate Products’s dividend payout ratio (DPR) is currently 57.44%.

Ultimate Products Company Profile

Ultimate Products is the owner of a number of leading homeware brands including Salter (the UK’s oldest houseware brand, established in 1760) and Beldray (a laundry, floor care, heating and cooling brand that was established in 1872). According to its market research, nearly 80% of UK households own at least one of the Group’s products.

Ultimate Products sells to over 300 retailers across 38 countries, and specialises in five product categories: Small Domestic Appliances; Housewares; Laundry; Audio; and Heating and Cooling.