UL Solutions Inc. provides safety science services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory. The Industrial segment provides testing, inspection, and certification services across various end markets, including energy, industrial automation, engineered materials, and built environment, as well as stakeholders, such as manufacturers, building owners, end users, and regulators. The Consumer segment offers safety certification testing, ongoing certification, global market access, testing for connectivity, performance and quality, and critical systems advisory and training services, as well as product market acceptance and risk mitigation services for customers in the consumer products end markets comprising consumer electronics, medical devices, information technologies, appliances, HVAC, lighting, and retail, as well as consumer applications, such as new mobility, smart products, and 5G. The Software and Advisory segment provide software and technical advisory services that enable customers to manage regulatory requirements, deliver supply chain transparency, and operationalize sustainability for regulated industries, including life sciences, supply chain regulations, transparency needs, and new ESG and sustainability requirements. It offers ULTRUS software brand to help customers improve speed to market, sustainability and safety. UL Solutions Inc. was formerly known as UL Inc. and changed its name to UL Solutions Inc. in June 2022. The company was founded in 1894 and is headquartered in Northbrook, Illinois with additional offices in North America, Asia Pacific, Africa, Europe, Latin America, and Middle East. UL Solutions Inc. operates as a subsidiary of ULSE Inc.
UL Solutions Dividend Announcement
• UL Solutions announced a quarterly dividend of $0.12 per ordinary share which will be made payable on 2024-12-09. Ex dividend date: 2024-11-29
• UL Solutions annual dividend for 2024 was $0.38
• UL Solutions's trailing twelve-month (TTM) dividend yield is 0.45%
• UL Solutions's payout ratio for the trailing twelve months (TTM) is 229.37%
UL Solutions Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-29 | $0.12 | quarterly | 2024-12-09 |
| 2024-08-30 | $0.12 | quarterly | 2024-09-09 |
| 2024-06-03 | $0.12 | quarterly | 2024-06-18 |
UL Solutions Dividend per year
UL Solutions Dividend Yield
UL Solutions current trailing twelve-month (TTM) dividend yield is 0.45%. Interested in purchasing UL Solutions stock? Use our calculator to estimate your expected dividend yield:
UL Solutions Financial Ratios
UL Solutions Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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