How Unilever N.V. (ADR) (UL) Will Deliver Its Dividend

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Summing up
Compared with some companies, Unilever N.V. (ADR) (NYSE:UL)’s dividend policy is fairly imprecise. However, in practice, the group has delivered growth ahead of inflation, and with the dividend amply covered by FCF.

The starting income Unilever currently offers — 3.1%, at a share price of 2,862 pence — is a long way from being the highest in the market, but the dividend does look one of the more secure and sustainable. For these qualities, though, you’ll have to pay a premium price: 20 times this year’s forecast earnings.

The article How Unilever Will Deliver Its Dividend originally appeared on Fool.com.

G .A. Chester does not own any shares mentioned in this article. The Motley Fool has recommended Unilever.

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