Universal Technical Institute, Inc. provides transportation and technical training programs in the United States. The company provides postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle, and marine technicians. It also offers certificate, diploma, or degree programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute and Marine Mechanics Institute, and NASCAR Technical Institute. In addition, the company provides manufacturer specific advanced training programs, including student paid electives at its campuses; and manufacturer or dealer sponsored training at various campuses and dedicated training centers, as well as offers programs for welding and computer numeric control machining. As of September 30, 2021, it operated 12 campuses. Universal Technical Institute, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.
Universal Technical Institute Dividend Announcement
• Universal Technical Institute announced a quarterly dividend of $0.02 per ordinary share which will be made payable on 2016-03-31. Ex dividend date: 2016-03-17
• Universal Technical Institute's trailing twelve-month (TTM) dividend yield is -%
• Universal Technical Institute's payout ratio for the trailing twelve months (TTM) is 2.88%
Universal Technical Institute Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2016-03-17 | $0.02 | quarterly | 2016-03-31 |
2015-12-02 | $0.02 | quarterly | 2015-12-18 |
2015-09-24 | $0.02 | quarterly | 2015-10-05 |
2015-06-17 | $0.10 | quarterly | 2015-06-30 |
2015-03-18 | $0.10 | quarterly | 2015-03-31 |
2014-12-04 | $0.10 | quarterly | 2014-12-19 |
2014-09-17 | $0.10 | quarterly | 2014-09-30 |
2014-06-18 | $0.10 | quarterly | 2014-06-30 |
2014-03-13 | $0.10 | quarterly | 2014-03-31 |
2013-12-06 | $0.10 | quarterly | 2013-12-20 |
2013-09-18 | $0.10 | quarterly | 2013-09-30 |
2013-06-19 | $0.10 | quarterly | 2013-06-28 |
2013-03-13 | $0.10 | quarterly | 2013-03-29 |
2012-12-05 | $0.10 | quarterly | 2012-12-21 |
2012-09-19 | $0.10 | quarterly | 2012-09-28 |
2012-06-14 | $0.10 | quarterly | 2012-06-29 |
2012-03-13 | $0.10 | quarterly | 2012-03-30 |
2010-07-01 | $1.50 | quarterly | 2010-07-16 |
Universal Technical Institute Dividend per year
Universal Technical Institute Dividend growth
Universal Technical Institute Dividend Yield
Universal Technical Institute current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Universal Technical Institute stock? Use our calculator to estimate your expected dividend yield:
Universal Technical Institute Financial Ratios
Universal Technical Institute Dividend FAQ
Other factors to consider when evaluating Universal Technical Institute 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 Technical Institute'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 Technical Institute 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 Technical Institute 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 Technical Institute 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 Technical Institute 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 Technical Institute 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 Technical Institute 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 Technical Institute'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 Technical Institute'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.