Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products. The Foods & Refreshment segment offers ice cream, soups, bouillons, seasonings, mayonnaise, ketchups, and tea categories. The Home Care segment provides fabric solutions and various cleaning products. The company offers its products under the Domestos, OMO, Seventh Generation, Ben & Jerry's, Knorr, Magnum, Wall's, Bango, the Vegetarian Butcher, Axe, Cif, Comfort, Dove, Lifebuoy, Lux, Rexona, Sunsilk, Equilibra, OLLY, Liquid I.V., SmartyPants, Onnit, Hellmann's, and Vaseline brands. Unilever PLC was incorporated in 1894 and is headquartered in London, the United Kingdom.
Unilever Stock Performance
Unilever stock opened at $47.35 on Friday. The business has a 50 day simple moving average of $46.51 and a 200 day simple moving average of $46.63. Unilever has a one year low of $42.54 and a one year high of $56.63.
Unilever Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 1st. Investors of record on Friday, August 5th will be issued a dividend of $0.4555 per share. This is an increase from Unilever's previous quarterly dividend of $0.45. This represents a $1.82 annualized dividend and a yield of 3.85%. The ex-dividend date is Thursday, August 4th.
Wall Street Analysts Forecast Growth
UL has been the topic of several analyst reports. StockNews.com began coverage on Unilever in a report on Saturday, August 13th. They set a "hold" rating on the stock. Sanford C. Bernstein upgraded Unilever from a "market perform" rating to an "outperform" rating in a research note on Friday, July 22nd. Deutsche Bank Aktiengesellschaft upgraded Unilever from a "hold" rating to a "buy" rating in a report on Tuesday, July 26th. DZ Bank lowered shares of Unilever from a "buy" rating to a "hold" rating in a research report on Wednesday, July 27th. Finally, Societe Generale lowered shares of Unilever from a "buy" rating to a "sell" rating in a research report on Monday, May 16th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold".