United-Guardian, Inc. (UG) to Issue Semiannual Dividend of $0.50

United-Guardian, Inc. (NASDAQ:UG) declared a semiannual dividend on Friday, December 1st, Wall Street Journal reports. Shareholders of record on Monday, December 11th will be given a dividend of 0.50 per share on Monday, December 18th. This represents a yield of 5.52%. The ex-dividend date is Friday, December 8th. This is a boost from United-Guardian’s previous semiannual dividend of $0.42.

United-Guardian (UG) traded up $1.34 during midday trading on Friday, hitting $17.00. 10,800 shares of the stock traded hands, compared to its average volume of 4,584. United-Guardian has a one year low of $13.75 and a one year high of $21.25. The company has a market capitalization of $73.27, a price-to-earnings ratio of 20.45 and a beta of 0.17.

United-Guardian (NASDAQ:UG) last posted its quarterly earnings results on Thursday, November 9th. The company reported $0.24 earnings per share (EPS) for the quarter. United-Guardian had a net margin of 28.28% and a return on equity of 25.10%. The company had revenue of $3.18 million for the quarter.

Separately, TheStreet raised shares of United-Guardian from a “c” rating to a “b” rating in a report on Thursday, August 24th.

An institutional investor recently raised its position in United-Guardian stock. Northern Trust Corp increased its holdings in United-Guardian, Inc. (NASDAQ:UG) by 5.8% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,763 shares of the company’s stock after purchasing an additional 592 shares during the period. Northern Trust Corp owned approximately 0.23% of United-Guardian worth $167,000 as of its most recent SEC filing. 23.48% of the stock is owned by hedge funds and other institutional investors.

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United-Guardian Company Profile

United-Guardian, Inc manufactures and markets cosmetic ingredients, personal care products, pharmaceuticals, medical lubricants, healthcare products and specialty industrial products. The Company also conducts research and product development, primarily related to the development of cosmetic and personal care products.

Dividend History for United-Guardian (NASDAQ:UG)

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