- UL Solutions (ULS, Financial) maintains its quarterly dividend at $0.13 per share.
- Forward yield remains steady at 0.72%.
- Strong Q1 performance with Non-GAAP EPS of $0.37 and $705 million in revenue.
Consistent Dividend Payout
UL Solutions (NYSE: ULS) has announced that it will maintain its quarterly dividend payout at $0.13 per share. This decision keeps the forward yield steady at 0.72%. The upcoming dividend payment is scheduled for June 9, with a record date of May 30 for shareholders. This stability in dividend distribution can be appealing to income-focused investors looking for reliable returns.
Impressive First Quarter Results
For the first quarter, UL Solutions reported a Non-GAAP earnings per share (EPS) of $0.37, surpassing market expectations. Furthermore, the company achieved significant revenue growth with figures hitting $705 million. The robust start to the year reflects positively on the company’s financial health and operational efficiency, providing shareholders with confidence and potentially buoying the stock’s attractiveness in the market.
