UPDATE: United-Guardian (UG) Declares $0.50 Semi-Annual Dividend; 5.33% Yield

United-Guardian (NASDAQ: UG) declared a semi-annual dividend of $0.50 per share, or $1 annualized.

The dividend will be payable on June 13, 2018, to stockholders of record on May 30, 2018, with an ex-dividend date of May 29, 2018.

The annual yield on the dividend is 5.33 percent.

Ken Globus, President of United-Guardian, stated, “We are pleased to once again be in a position to not only pay a mid-year dividend but also to increase it to 50 cents a share from the 42 cents a share we paid at this time last year. It has been our policy for many years to share our success as much as possible with our shareholders, and with a strong first quarter and our expectation that our second quarter will be profitable as well, we are happy to be able to increase this dividend. With strong sales in China, some new cosmetic ingredients in the hands of our marketing partners, and more new products in development, we are optimistic that this will be another strong year for us.”

For a dividend history and other dividend-related data on United-Guardian (UG) click here.

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