Unite Students is the UK's largest owner, manager and developer of purpose-built student accommodation serving the country's world-leading Higher Education sector. Following our successful £1.4bn acquisition of Liberty Living's UK assets in November 2019, we now provide homes to 76,000 students across 177 properties in 27 leading university towns and cities. Our people are driven by a common purpose: to provide a 'Home for Success' for the students who live with us and to be the most trusted brand in the sector. We do this through quality service, quality people and quality properties, all designed on the basis of an excellent insight into students' needs and preferences. Unite's accommodation is high quality, affordable, safe and secure, and located where students want to live. Students live predominantly in en-suite study bedrooms with rents covering all bills, insurance, 24-hour security and high-speed Wi-Fi. MyUnite, our mobile app, provides practical support such as instant messaging and maintenance requests. We hold a five-star British Safety Council audit rating (out of five) following an Occupational Health and Safety audit. The audit measured our performance against a number of key safety management indicators, providing an international benchmark for safety management systems and indicating best practice for continual improvement. Our commitment to customer service is powered by an innovative, in-house operating platform. It provides a wide range of benefits to our students, such as an optimised online booking process, as well as providing us with a unique ability to drive value from our portfolio through scale efficiencies and revenue management. Our other strategic priority is delivering growing and sustainable earnings, underpinned by a strong capital structure. A key part of this strategy is growing the number of beds let through partnerships with the strongest UK universities which are experiencing record levels of student demand. We currently partner with 60 universities across the UK, guaranteeing that 52% of our rooms are let under 'nomination agreements' providing high visibility of forward occupancy and rental growth. Unite Students has spent years helping young people thrive in new situations and help them manage the big Leap' to university life. Our insight has identified a significant gap between student expectations and reality. To support this leap, we have developed the Leapskills programme, helping to prepare prospective students for independent living. The programme introduces students to a number of student life scenarios to provoke group discussion on conflict resolution, problem solving and gives a general insight into shared living to help closer match expectations to reality. Unite is the founder of and major donor to the Unite Foundation, a charitable trust established to support talented students facing challenging financial circumstances through the provision of free accommodation scholarships. The Foundation has so far provided scholarships for 434 young people working in close collaboration with 27 partner universities. Unite is invested in and operates two specialist funds and joint ventures with institutional investment partners: the £3 billion Unite UK Student Accommodation Fund (USAF), and the £1 billion London Student Accommodation Vehicle (LSAV). Founded in 1991 in Bristol, Unite Group is an award-winning Real Estate Investment Trust (REIT), listed on the London Stock Exchange and a member of the FTSE 250 Index.
Unite Dividend Announcement
• Unite announced a semi annually dividend of £12.40 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-09-19
• Unite annual dividend for 2024 was £36.00
• Unite annual dividend for 2023 was £33.50
• Unite's trailing twelve-month (TTM) dividend yield is 4.35%
• Unite's payout ratio for the trailing twelve months (TTM) is 43.01%
• Unite's dividend growth over the last five years (2018-2023) was 6.11% year
• Unite's dividend growth over the last ten years (2013-2023) was 22.06% year
Unite Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-19 | £12.40 | semi annually | 2024-11-01 |
2024-04-18 | £23.60 | semi annually | |
2023-09-14 | £11.80 | semi annually | 2023-10-27 |
2023-04-13 | £21.70 | semi annually | 2023-05-26 |
2022-09-15 | £11.00 | semi annually | 2022-10-28 |
2022-04-14 | £15.60 | semi annually | 2022-05-20 |
2021-09-16 | £6.50 | semi annually | 2021-10-29 |
2021-04-15 | £12.75 | semi annually | 2021-05-21 |
2020-04-09 | £22.95 | semi annually | 2020-05-15 |
2019-09-19 | £10.25 | semi annually | 2019-11-01 |
2019-04-11 | £19.50 | semi annually | 2019-05-17 |
2018-09-20 | £9.50 | semi annually | 2018-11-02 |
2018-04-12 | £15.40 | semi annually | 2018-05-18 |
2017-10-05 | £7.30 | semi annually | 2017-11-03 |
2017-04-20 | £12.00 | semi annually | 2017-05-19 |
2016-10-06 | £6.00 | semi annually | 2016-11-04 |
2016-04-21 | £9.50 | semi annually | 2016-05-20 |
2015-10-08 | £5.50 | semi annually | 2015-11-06 |
2015-04-23 | £9.00 | semi annually | 2015-05-19 |
2014-10-09 | £2.20 | semi annually | 2014-11-07 |
2014-04-16 | £3.20 | semi annually | 2014-05-19 |
2013-10-09 | £1.59 | semi annually | 2013-11-08 |
2013-04-17 | £2.98 | semi annually | 2013-05-20 |
Unite Dividend per year
Unite Dividend growth
Unite Dividend Yield
Unite current trailing twelve-month (TTM) dividend yield is 4.35%. Interested in purchasing Unite stock? Use our calculator to estimate your expected dividend yield:
Unite Financial Ratios
Unite Dividend FAQ
Other factors to consider when evaluating Unite as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Unite's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Unite publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Unite distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Unite are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Unite sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Unite distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Unite declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Unite's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Unite's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.