United-Guardian, Inc. (UG) research, news, and more from GeoInvesting

Company description

Thu, 15 Jan 2009 05:00:00 GMT

United-Guardian is a manufacturer of cosmetic ingredients, personal and health care products, pharmaceuticals, and specialty industrial products.

Research

Fri, 12 Jul 2024 04:00:00 GMT

United-Guardian, Inc. (NASDAQ:UG) ($9.50; $43.6M market cap) announced a $0.35 dividend to be paid to shareholders on record as of July 23, 2024.

“I am pleased to report that the company’s Board of Directors has decided to distribute a dividend of $0.35 per share to our stockholders. This one dividend is equal to the total of the last two dividends the company paid, and represents a 40% increase over the $0.25 per share dividend the company paid earlier this year, and a 250% increase over the $0.10 dividend paid last July. While we remain committed to using a portion of our earnings to support our growth initiatives, we also believe it is important to provide strong dividends to our stockholders when it is in the best interests of the company and its stockholders to do so.”

United-Guardian is a manufacturer of cosmetic ingredients, medical lubricants, sexual wellness ingredients and pharmaceuticals.

Research

Tue, 18 Jul 2023 12:30:43 GMT

United-Guardian, Inc. (NASDAQ:UG): Household and cosmetic products

We will begin watching UG closely due to growth strategy comments buried in recent dividend press release:

“I am pleased to report that the company’s Board of Directors has decided to distribute a dividend of 10 cents per share to our stockholders. While this dividend will represent a lower percentage of our earnings than in previous years, the Board of Directors has chosen to retain more of the Company’s earnings as we embark on a new phase of growth development. We are in the process of formulating a growth strategy that we anticipate will require additional capital in the long term. We believe that retaining a higher percentage of earnings will enable us to provide our shareholders with greater returns in the future as our sales and earnings increase.”

We have been watching the company for a while, and know that it has history of muted/unexciting growth:

We want to find out if the need for capital to fund growth will come from internal sources or if they will need to raise money.

Comments & Business Outlook

Wed, 24 Mar 2010 04:00:00 GMT

Ken Globus, President of United-Guardian, stated, "We are very happy to report that we had another excellent year in 2009, with both sales and earnings reaching new highs. We were especially pleased to be able to reach these record levels despite the difficult economic climate of this past year. The continuing success of our joint marketing efforts with our global marketing partners, as well as our efforts to keep both our raw material and administrative costs down, were some of the reasons for our very successful year. We have also seen significant increases in the growth of our medical products line over the past year, and expect to continue to see sales increases both in that line as well as our cosmetic ingredient line. Based on first quarter sales to date we are hopeful that this trend will continue as the global economy continues to improve and we continue to expand our line of products."

Source: GlobeNewswire (March 24, 2010)