Uniti Group Inc. (UNIT) Dividends
Dividend Yield and Dividend History Highlights
- UNIT has issued more total dividends (as measured in absolute US dollars) over the past six years than 77.68% of other US stocks currently paying dividends.
- The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at 1.36 -- higher than 89.31% of other dividend issuers in the US.
- In terms of debt burden relative to earnings, UNIT has an EBITDA to net debt ratio of 0.03, ranking above 7.7% stocks in our set.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with UNIT's price: SVBI, SAFM, RRC, MVBF and SNA.
UNIT Price Forecast Based on Dividend Discount Model
Current Price | DDM Fair Value Target: | Forecasted Gain: |
$5.50 | $17.78 | 28.86% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Uniti Group Inc, the DDM model, as implemented by StockNews, implies a positive return of 28.86% relative to its current price. To help understand and contextualize the model's evaluation of UNIT, investors may wish to consider are:
- Relative to all dividend yielding stocks in our set, UNIT offers a dividend yield in the top 17.86% of stocks in our set.
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for UNIT than it is for just 19.25% of other equities in the Real Estate sector that also issue dividends.
- In terms of who is growing the amount of dividends they return to shareholders, Uniti Group Inc has been increasing its dividends at a faster rate than 9.04% of US-listed dividend-issuing stocks we observed.
UNIT Dividend History
Ex-Dividend Date | Type | Payout Amount | Change |
---|---|---|---|
2024-06-14 | Dividend | $0.15 | -- |
2024-03-27 | Dividend | $0.15 | -- |
2023-12-14 | Dividend | $0.15 | -- |
2023-09-07 | Dividend | $0.15 | -- |
2023-06-15 | Dividend | $0.15 | -- |
2023-03-30 | Dividend | $0.15 | -- |
2022-12-15 | Dividend | $0.15 | -- |
2022-09-08 | Dividend | $0.15 | -- |
2022-06-16 | Dividend | $0.15 | -- |
2022-03-31 | Dividend | $0.15 | -- |
2021-12-16 | Dividend | $0.15 | -- |
2021-09-16 | Dividend | $0.15 | -- |
2021-06-17 | Dividend | $0.15 | -- |
2021-03-31 | Dividend | $0.15 | -- |
2020-12-14 | Dividend | $0.15 | -- |
2020-09-17 | Dividend | $0.15 | -- |
2020-06-25 | Dividend | $0.15 | -- |
2020-03-30 | Dividend | $0.15 | -31.82% |
2019-12-30 | Dividend | $0.22 | +340.00% |
2019-09-27 | Dividend | $0.05 | -- |
2019-06-27 | Dividend | $0.05 | -- |
2019-03-29 | Dividend | $0.05 | -91.67% |
2018-12-28 | Dividend | $0.60 | -- |
2018-09-27 | Dividend | $0.60 | -- |
2018-06-28 | Dividend | $0.60 | -- |
2018-03-28 | Dividend | $0.60 | -- |
2017-12-28 | Dividend | $0.60 | -- |
2017-09-28 | Dividend | $0.60 | -- |
2017-06-28 | Dividend | $0.60 | -- |
2017-03-29 | Dividend | $0.60 | -- |
2016-12-28 | Dividend | $0.60 | -- |
2016-09-28 | Dividend | $0.60 | -- |
2016-06-28 | Dividend | $0.60 | -- |
2016-03-29 | Dividend | $0.60 | -- |
2015-12-29 | Dividend | $0.60 | -- |
2015-09-28 | Dividend | $0.60 | +35.81% |
2015-06-26 | Dividend | $0.44 | -- |
UNIT Dividends vs. Peers
UNIT's dividend yield currently ranks #7 of 74 vs. its peers in the Telecom - Foreign category.