Unilever N.V. (NYSE:UL) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totalling 619,088 shares, a drop of 41.7% from the September 28th total of 1,061,403 shares. Based on an average daily volume of 881,641 shares, the days-to-cover ratio is presently 0.7 days.
UL stock opened at $52.98 on Thursday. Unilever has a fifty-two week low of $50.74 and a fifty-two week high of $58.07. The firm has a market capitalization of $65.75 billion, a P/E ratio of 20.94, a price-to-earnings-growth ratio of 3.43 and a beta of 0.81.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 5th. Investors of record on Friday, November 2nd will be issued a $0.4487 dividend. This represents a $1.79 dividend on an annualized basis and a dividend yield of 3.39%. The ex-dividend date is Thursday, November 1st. Unilever’s dividend payout ratio (DPR) is presently 70.75%.
Separately, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Unilever in a report on Monday, July 16th.
Unilever PLC operates in the fast-moving consumer goods industry worldwide. It operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skin care and hair care products, deodorants, and oral care products. The Home Care segment provides home care products, including powders, liquids and capsules, soap bars, and various cleaning products.
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