Ubiquiti Inc. (UI) will begin trading ex-dividend on August 28, 2020. A cash dividend payment of $0.4 per share is scheduled to be paid on September 08, 2020. Shareholders who purchased UI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 33.33% increase over prior dividend payment. At the current stock price of $185.72, the dividend yield is .86%.
The previous trading day's last sale of UI was $185.72, representing a -7.1% decrease from the 52 week high of $199.91 and a 73.21% increase over the 52 week low of $107.22.
UI is a part of the Technology sector, which includes companies such as QUALCOMM Incorporated (QCOM) and Ericsson (ERIC). UI's current earnings per share, an indicator of a company's profitability, is $5.8. Zacks Investment Research reports UI's forecasted earnings growth in 2021 as 6.6%, compared to an industry average of 4.8%.
Interested in gaining exposure to UI through an Exchange Traded Fund [ETF]?
The following ETF(s) have UI as a top-10 holding:
- iShares North American Tech-Multimedia Networking ETF (IGN)
- Janus Henderson Small Cap Growth Alpha ETF (JSML)
- Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD).
The top-performing ETF of this group is JSMD with an increase of 57.42% over the last 100 days. IGN has the highest percent weighting of UI at 4.65%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.