United-Guardian, Inc. Plans Quarterly Dividend of $0.35 (NASDAQ:UG)

United-Guardian, Inc. (NASDAQ:UG) announced a quarterly dividend on Thursday, January 30th,RTT News reports. Shareholders of record on Monday, February 10th will be paid a dividend of 0.35 per share on Tuesday, February 18th. This represents a $1.40 dividend on an annualized basis and a yield of 12.80%.

United-Guardian has decreased its dividend by an average of 26.4% per year over the last three years and has increased its dividend annually for the last 1 consecutive years.

United-Guardian Stock Up 0.6 %

Shares of UG stock opened at $10.94 on Thursday. United-Guardian has a 12-month low of $7.02 and a 12-month high of $16.25. The stock’s 50-day moving average price is $10.03 and its 200-day moving average price is $11.90.

United-Guardian (NASDAQ:UG) last released its quarterly earnings data on Friday, November 8th. The company reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $3.06 million for the quarter. United-Guardian had a return on equity of 30.25% and a net margin of 28.30%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of United-Guardian in a research report on Thursday, January 23rd. They set a “buy” rating for the company.

United-Guardian Company Profile

United-Guardian, Inc manufactures and markets cosmetic ingredients, pharmaceuticals, medical lubricants, and proprietary specialty industrial products in the United States and internationally The company offers cosmetic ingredients, including LUBRAJEL, a line of water-based gel formulation for sensory enhancement, lubrication, and texture to personal care products; LUBRAJEL NATURAL for skin moisturizing; LUBRAJEL MARINE that develops natural products using naturally derived polymers; LUBRAJEL OlL NATURAL, which makes luxuriant textures without adding viscosity; LUBRAJEL TERRA, a multifunctional, moisturizing hydrogel products; LUBRASIL II SB, a formulation of LUBRAJEL; LUBRAJEL II XD; B-122, a powdered lubricant used in the manufacture of pressed powders, eyeliners, rouges, and industrial products; and ORCHID COMPLEX, an oil-soluble base for extract of fresh orchids used in fragrance products, such as perfumes and toiletries.