StockNews.com Begins Coverage on United-Guardian (NASDAQ:UG)

StockNews.com started coverage on shares of United-Guardian (NASDAQ:UG) in a research report released on Sunday. The firm issued a buy rating on the stock.

United-Guardian Trading Up 1.8 %

UG opened at $12.77 on Friday. The firm has a 50-day moving average price of $10.46 and a 200-day moving average price of $9.09. United-Guardian has a twelve month low of $5.79 and a twelve month high of $12.88.

United-Guardian Increases Dividend

The business also recently announced a Semi-Annual dividend, which was paid on Wednesday, July 31st. Investors of record on Tuesday, July 23rd were paid a $0.35 dividend. This is an increase from United-Guardian’s previous Semi-Annual dividend of $0.10. This represents a yield of 6.1%. The ex-dividend date was Tuesday, July 23rd. United-Guardian’s dividend payout ratio (DPR) is currently 116.67%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in United-Guardian stock. Rodgers Brothers Inc. lifted its position in shares of United-Guardian, Inc. (NASDAQ:UG) by 5.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 100,100 shares of the company’s stock after purchasing an additional 4,750 shares during the period. Rodgers Brothers Inc. owned 2.18% of United-Guardian worth $766,000 as of its most recent SEC filing. Institutional investors own 23.16% of the company’s stock.

United-Guardian Company Profile

United-Guardian, Inc manufactures and markets cosmetic ingredients, pharmaceuticals, medical lubricants, and proprietary specialty industrial products in the United States and internationally The company offers cosmetic ingredients, including LUBRAJEL, a line of water-based gel formulation for sensory enhancement, lubrication, and texture to personal care products; LUBRAJEL NATURAL for skin moisturizing; LUBRAJEL MARINE that develops natural products using naturally derived polymers; LUBRAJEL OlL NATURAL, which makes luxuriant textures without adding viscosity; LUBRAJEL TERRA, a multifunctional, moisturizing hydrogel products; LUBRASIL II SB, a formulation of LUBRAJEL; LUBRAJEL II XD; B-122, a powdered lubricant used in the manufacture of pressed powders, eyeliners, rouges, and industrial products; and ORCHID COMPLEX, an oil-soluble base for extract of fresh orchids used in fragrance products, such as perfumes and toiletries.