Universal Logistics Holdings, Inc. (NASDAQ:ULH – Get Free Report) announced a quarterly dividend on Thursday, April 25th, Zacks reports. Investors of record on Monday, June 3rd will be given a dividend of 0.105 per share by the transportation company on Monday, July 1st. This represents a $0.42 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend is Monday, June 3rd.
Universal Logistics has increased its dividend payment by an average of 10.1% per year over the last three years.
Universal Logistics Price Performance
NASDAQ ULH traded up $12.95 on Friday, reaching $45.84. The company’s stock had a trading volume of 484,218 shares, compared to its average volume of 35,873. The firm has a market cap of $1.21 billion, a PE ratio of 10.01 and a beta of 1.08. The business has a 50-day moving average price of $34.70 and a 200 day moving average price of $29.58. Universal Logistics has a 52 week low of $20.85 and a 52 week high of $48.63. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.58.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on ULH. Stifel Nicolaus raised shares of Universal Logistics from a “hold” rating to a “buy” rating and upped their target price for the company from $35.00 to $36.00 in a research note on Wednesday, January 10th. StockNews.com upgraded shares of Universal Logistics from a “hold” rating to a “buy” rating in a research report on Friday.
Check Out Our Latest Report on Universal Logistics
About Universal Logistics
Universal Logistics Holdings, Inc provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. The company offers truckload services, which include dry van, flatbed, heavy-haul, and refrigerated operations; domestic and international freight forwarding, and customs brokerage services.
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