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Unite Group PLC Announces 2024 Final Dividend and Scrip Dividend Scheme

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Unite Group PLC Announces 2024 Final Dividend and Scrip Dividend Scheme

Confident Investing Starts Here:

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.

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