UI Dividend 2024 – Ubiquiti declares a dividend of $0.60. The UI Dividend 2024 record date is 20 Feb 2024 and the ex-dividend date is 16 Feb 2024. In a positive development for shareholders, Ubiquiti has announced a generous interim dividend of $0.60 per equity share. The forward yield of the Ubiquiti is 1.89%. This demonstrates the company’s commitment to rewarding its investors while maintaining balance for future growth. This news has been met with enthusiasm, and it will be interesting to see how it impacts the company’s stock price in the upcoming trading sessions.
Investors who hold Ubiquiti stocks are likely to benefit from this announcement as they will receive the dividend payout. Ubiquiti’s dividend announcement is expected to be well-received by its investors, as it indicates the company’s commitment to sharing its profits with its shareholders.
About Ubiquiti
Ubiquiti Inc. develops networking technology for service providers, enterprises, and consumers. The company was formerly known as Ubiquiti Networks, Inc. and changed its name to Ubiquiti Inc. in August 2019.
Ubiquiti Inc. was incorporated in 2003 and is headquartered in New York, New York.
The market capitalization of Ubiquiti is $7.7 B. It belongs to the technology sector. The current chairman of the company is Mr. Robert J. Pera.
The company develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home, and personal use.
Ubiquiti Share Price
Ubiquiti’s total revenue in Q1 FY2023 was $457.8M, in Q2 FY2023 $491.1M, and in Q3 FY2023 $463.1M.
Ubiquiti’s net income in Q1 FY2023 was $98.6M, in Q2 FY2023 $103.7M, and in Q3 FY2023 $87.8M.
Ubiquiti’s operating cash flow in FY21 was $612.0M, in FY22 $370.3M, and in FY23 -$145.4M.
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UI Dividend 2024 Record Date – UI Dividend History
| Dividend Type | Amount | Ex-Date |
| Regular | $0.6000 | 11/10/2023 |
| Regular | $0.6000 | 9/1/2023 |
| Regular | $0.6000 | 5/12/2023 |
| Regular | $0.6000 | 2/10/2023 |
| Regular | $0.6000 | 11/10/2022 |
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Ubiquiti SHARE PRICE TARGET 2024
The US share market is at its peak and most of the US stocks like Ubiquiti have experienced a bull run in 2023. In 2024, the bullish sentiment of the market will likely stay. As per data, the minimum share price target in 2024 for UI is expected to be $130.00, and the maximum price target for 2024 will be $135.00. With market conditions, the price target of Ubiquiti may vary.
Ubiquiti SHARE PRICE TARGET 2030
The US share market is at its peak and most of the US stocks like Ubiquiti have experienced a bull run in 2023. In 2024, the bullish sentiment of the market will likely stay. As per data, the minimum share price target in 2024 for UI is expected to be $200.00, and the maximum price target for 2024 will be $210.00. With market conditions, the price target of Ubiquiti may vary.
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