Universal Logistics Holdings, Inc. provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. It offers truckload services, which include dry van, flatbed, heavy-haul, and refrigerated operations; domestic and international freight forwarding, and customs brokerage services; and final mile and ground expedite services. The company transports various commodities comprising automotive parts, machinery, building materials, paper, food, consumer goods, furniture, steel, and other metals. It also provides value-added services for individual customer requirements, including material handling, consolidation, sequencing, sub-assembly, cross-dock, kitting, repacking, warehousing, and returnable container management; and intermodal support services comprising short-to-medium distance delivery of steamship and rail truck containers between the port or railhead, and the customer and drayage services. The company serves automotive, steel, oil and gas, alternative energy, and manufacturing industries, as well as other transportation companies who aggregate loads from various shippers. The company was formerly known as Universal Truckload Services, Inc. and changed its name to Universal Logistics Holdings, Inc. in April 2016. Universal Logistics Holdings, Inc. was founded in 1932 and is headquartered in Warren, Michigan.
Universal Logistics Dividend Announcement
• Universal Logistics announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2025-01-02. Ex dividend date: 2024-12-02
• Universal Logistics annual dividend for 2024 was $0.42
• Universal Logistics annual dividend for 2023 was $0.42
• Universal Logistics's trailing twelve-month (TTM) dividend yield is 0.82%
• Universal Logistics's payout ratio for the trailing twelve months (TTM) is 8.43%
• Universal Logistics's dividend growth over the last five years (2018-2023) was 1.76% year
• Universal Logistics's dividend growth over the last ten years (2013-2023) was 11.61% year
Universal Logistics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-02 | $0.10 | quarterly | 2025-01-02 |
2024-08-30 | $0.10 | quarterly | 2025-01-02 |
2024-06-03 | $0.10 | quarterly | 2024-07-01 |
2024-03-01 | $0.10 | quarterly | 2024-04-01 |
2023-12-01 | $0.10 | quarterly | 2024-01-02 |
2023-08-31 | $0.10 | quarterly | 2023-10-02 |
2023-06-02 | $0.10 | quarterly | 2023-07-03 |
2023-03-03 | $0.10 | quarterly | 2023-04-03 |
2022-12-02 | $0.10 | quarterly | 2023-01-03 |
2022-09-01 | $0.10 | quarterly | 2022-10-03 |
2022-06-03 | $0.10 | quarterly | 2022-07-05 |
2022-03-04 | $0.10 | quarterly | 2022-04-04 |
2021-12-03 | $0.10 | quarterly | 2022-01-04 |
2021-09-02 | $0.10 | quarterly | 2021-10-04 |
2021-06-04 | $0.10 | quarterly | 2021-07-06 |
2021-02-26 | $0.10 | quarterly | 2021-04-05 |
2020-12-04 | $0.10 | quarterly | 2021-01-04 |
2020-02-28 | $0.10 | quarterly | 2020-04-06 |
2019-11-29 | $0.10 | quarterly | 2020-01-02 |
2019-08-29 | $0.10 | quarterly | 2019-10-01 |
2019-08-02 | $0.10 | quarterly | 2019-08-12 |
2019-05-03 | $0.10 | quarterly | 2019-05-16 |
2019-03-01 | $0.21 | quarterly | 2019-03-14 |
2018-11-02 | $0.10 | quarterly | 2018-11-15 |
2018-08-03 | $0.10 | quarterly | 2018-08-16 |
2018-05-04 | $0.10 | quarterly | 2018-05-17 |
2018-03-02 | $0.07 | quarterly | 2018-03-15 |
2017-11-03 | $0.07 | quarterly | 2017-11-16 |
2017-08-03 | $0.07 | quarterly | 2017-08-17 |
2017-05-04 | $0.07 | quarterly | 2017-05-18 |
2017-03-02 | $0.07 | quarterly | 2017-03-16 |
2016-11-03 | $0.07 | quarterly | 2016-11-17 |
2016-08-04 | $0.07 | quarterly | 2016-08-18 |
2016-05-05 | $0.07 | quarterly | 2016-05-19 |
2016-03-03 | $0.07 | quarterly | 2016-03-17 |
2015-10-29 | $0.07 | quarterly | 2015-11-12 |
2015-07-30 | $0.07 | quarterly | 2015-08-13 |
2015-05-07 | $0.07 | quarterly | 2015-05-21 |
2015-02-26 | $0.07 | quarterly | 2015-03-12 |
2014-10-30 | $0.07 | quarterly | 2014-11-13 |
2014-07-31 | $0.07 | quarterly | 2014-08-14 |
2014-05-01 | $0.07 | quarterly | 2014-05-15 |
2014-02-27 | $0.07 | quarterly | 2014-03-13 |
2013-10-31 | $0.07 | quarterly | 2013-11-14 |
2013-08-01 | $0.07 | quarterly | 2013-08-15 |
Universal Logistics Dividend per year
Universal Logistics Dividend growth
Universal Logistics Dividend Yield
Universal Logistics current trailing twelve-month (TTM) dividend yield is 0.82%. Interested in purchasing Universal Logistics stock? Use our calculator to estimate your expected dividend yield:
Universal Logistics Financial Ratios
Universal Logistics Dividend FAQ
Other factors to consider when evaluating Universal Logistics 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: Universal Logistics'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, Universal Logistics 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, Universal Logistics 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 Universal Logistics 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: Universal Logistics 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, Universal Logistics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Universal Logistics 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 Universal Logistics'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 Universal Logistics'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.