Unite Group plc ( (GB:UTG) ) has provided an update.
Unite Group PLC announced a 2024 final dividend of 24.9 pence, paid as a Property Income Distribution. The company is offering a Scrip Dividend Scheme to shareholders with a reference share price of 867.7 pence, calculated based on the average closing market price from 17 to 25 April 2025. The deadline for application is 8 May 2025.
Spark’s Take on GB:UTG Stock
According to Spark, TipRanks’ AI Analyst, GB:UTG is a Outperform.
Unite Group plc exhibits a robust financial position with impressive revenue growth and profitability, supporting a strong financial performance score. The technical indicators suggest upward momentum, although some short-term volatility may occur. The valuation is particularly appealing due to a low P/E ratio and high dividend yield. Recent corporate events further underline the company’s growth potential, contributing positively to the overall outlook.
To see Spark’s full report on GB:UTG stock, click here.
More about Unite Group plc
YTD Price Performance: 10.98%
Average Trading Volume: 1,035,241
Technical Sentiment Signal: Sell
Current Market Cap: £4.25B
For an in-depth examination of UTG stock, go to TipRanks’ Stock Analysis page.