United-Guardian cuts full year dividend by 17.5%

The semi-annual dividend is lowered by 33% from $0.48 to $0.32 per share. In 2014 the total dividend is 17,5% less than in 2013. It's the second consecutive year that United-Guardian cuts it's full year dividend.

This will be the 19th consecutive year that the company has paid a year-end dividend, and brings to $0,80 the total dividends the company has paid to its stockholders this year.

United-Guardian, a manufacturer of cosmetic ingredients, personal and health care products, pharmaceuticals, and specialty industrial products. has been lowering its dividend the last couple of years. In 2013 a total dividend of $0,97 was paid, compared to $1,36 in 2012.

At a stock price of $20,95 the indicated dividend yield for United-Guardian is 3,8%. The ex-dividend date for the dividend of $0,32 is December 4th 2014.

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