UL Solutions Declares Consistent Quarterly Dividend of $0.145 Per Share

Deep News05-20 21:02

UL Solutions Inc., a global leader in applied safety science, announced on Wednesday that its board of directors has approved a quarterly cash dividend of $0.145 per share. The dividend is payable on June 8, 2026, to shareholders of record as of the close of business on May 29, 2026.

This marks the fourth consecutive quarter the company has maintained its dividend at $0.145 per share. Based on a recent stock price of approximately $81.99, this represents a forward dividend yield of about 0.71%. The annualized dividend totals $0.58 per share, with a payout ratio of approximately 29.97%, reflecting a stable shareholder return policy.

The dividend announcement follows the company's strong first-quarter results. UL Solutions reported Q1 revenue of $758 million, a 7.5% year-over-year increase. Adjusted earnings per share were $0.50, significantly surpassing market expectations of $0.42. Based on this robust start, the company has raised its full-year 2026 outlook for adjusted EBITDA margin. The stock has found support following the earnings release, indicating investor confidence in its solid operations and consistent returns.

UL Solutions provides testing, inspection, and certification services in over 110 countries, with its iconic UL Mark serving as a global symbol of product safety trust. The company was recently awarded the Robert W. Campbell Award by the National Safety Council, one of the highest honors for organizational excellence in environment, health, and safety management. Furthermore, last month, UL Solutions announced the acquisition of Eurofins' Electrical and Electronics business, which is expected to close in the fourth quarter of 2026, further expanding its service capabilities in the EMEA and Asia-Pacific regions.

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