Ubiquiti Inc. has announced a cash dividend of $0.600 per share, with the ex-dividend date set for May 19, 2025, followed by the dividend payment on May 27, 2025. This dividend is consistent with the previous payout on Feb 24, 2025, also at $0.600 per share. Notably, this amount exceeds the average dividend of $0.523 over the last ten distributions. Investors should take note of these dates to ensure eligibility for this payout.
Recently,
has garnered attention with several noteworthy developments. Over the past week, Ubiquiti's earnings report revealed a promising outcome, with revenues surpassing estimates by 6.7%, reaching $664 million. Statutory earnings per share were recorded at $2.98, reflecting strong financial performance. Analysts have also updated their outlook on the company, with
increasing the price target for
from $222 to $247, although the rating remains "underweight." This adjustment signifies a cautious optimism about the company's future prospects despite the unchanged rating. Additionally, Ubiquiti's stock price has seen an impressive rise over the last five years, increasing by 143.03%, with the current price standing at approximately $434.21.
As of late, Ubiquiti Inc. has experienced some changes in shareholder composition. Old Well Partners LLC has reduced its stake in the company by 25.3%, selling 1,500 shares during the fourth quarter. This move may signal shifts in investor sentiment and could impact market performance. Meanwhile, the company continues to innovate and expand its product offerings, with recent releases such as the UniFi Access Reader Pro and the UISP Application, indicating ongoing development in its technology portfolio.
In conclusion, Ubiquiti Inc. is currently navigating a period of financial growth and strategic adjustments. Investors should be aware that May 19, 2025, marks the ex-dividend date, the last day to purchase shares and qualify for the upcoming dividend. Purchases made after this date will not be eligible for the dividend payout.
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