Universal Logistics Holdings Inc (ULH) is a transportation and logistics company that provides a range of services including truckload and less-than-truckload transportation, freight brokerage, intermodal services, and supply chain solutions. The company operates throughout North America, serving a diverse customer base in various industries.
When it comes to dividends, Universal Logistics Holdings Inc has a solid track record of returning value to its shareholders. The company currently offers a dividend yield of X%, which is calculated by dividing the annual dividend per share by the stock's current price. This yield is a measure of the company's annual dividend payments relative to its stock price.
In terms of payout ratio, Universal Logistics Holdings Inc has a sustainable dividend policy. The payout ratio is the percentage of earnings paid out as dividends to shareholders. Universal Logistics Holdings Inc has a payout ratio of Y%, indicating that it retains a portion of its earnings for reinvestment in the business while also returning value to shareholders through dividends.
For investors interested in the timing of dividend payments, the ex-date is an important date to be aware of. This is the date on which a stock begins trading ex-dividend, meaning that the buyer of the stock on or after this date will not be entitled to the upcoming dividend payment. Universal Logistics Holdings Inc typically announces its ex-dividend date a few weeks before the payment date.
As of the most recent information available, Universal Logistics Holdings Inc has not announced any stock splits. A stock split occurs when a company divides its existing shares into multiple shares, effectively decreasing the price per share. This is usually done to make the stock more affordable to individual investors or to increase liquidity.
Furthermore, there are no records of any split multiple for Universal Logistics Holdings Inc's stock. Split multiple refers to the ratio by which the number of shares is increased or decreased in a stock split. Without any historical splits, the split multiple for Universal Logistics Holdings Inc remains at 1.
The dividend amount per share for Universal Logistics Holdings Inc is determined by the company's board of directors. This amount can vary from year to year depending on the company's financial performance and growth prospects. As of the most recent dividend payment, Universal Logistics Holdings Inc was paying Z dollars per share to its shareholders.
In terms of dividend growth rate, Universal Logistics Holdings Inc has been consistent in increasing its dividend payout over the years. The growth rate is usually expressed as a percentage and represents the annualized increase in dividends over a specific period. Universal Logistics Holdings Inc has achieved an average dividend growth rate of X% over the past five years.
For potential investors looking for stocks with attractive dividend yields, Universal Logistics Holdings Inc falls within the range of X% to Y%. This range is based on historical dividend payments and the company's current dividend policy.
The dividend payment date for Universal Logistics Holdings Inc is typically announced along with the ex-dividend date. This is the date on which the dividend payment is made to shareholders of record. Universal Logistics Holdings Inc generally pays dividends on a quarterly basis, providing regular income to its shareholders.
In summary, Universal Logistics Holdings Inc is a transportation and logistics company that offers a solid dividend yield and sustainable payout ratio. While there have been no recent stock splits, the company has shown consistent dividend growth over the years. Potential investors can expect regular dividend payments on a quarterly basis.
