SmarterDividends
UL

Unilever (UL) Dividend

Unilever PLC · Consumer Defensive · Household & Personal Products · quarterly payer

$67.98

Fairly valued · +9% Add to Portfolio

As of Nov 5, 2026, Unilever (UL) pays a quarterly dividend of $0.5310 per share, or $2.09 a year, a 3.12% yield at its $67.98 share price. The next ex-dividend date is Nov 13, 2026, paid Dec 18, 2026. It has raised its dividend 3 years in a row and has a dividend safety grade of C.

Forward Yield

3.12%

Annual Dividend

$2.09

Payout Ratio

46%

5-Yr Growth

1.9%

Ex-Date

Nov 13, 2026

Frequency

Quarterly

Key facts about UL's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Unilever PLC (UL) has a forward dividend yield of 3.12%, based on an annual dividend of $2.09 per share and a share price of $67.98.
  • As of Nov 5, 2026, UL's dividend safety grade from SmarterDividends is C (57 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Unilever PLC (UL) has raised its dividend for 3 consecutive years as of Nov 5, 2026.
  • UL last cut its regular dividend in 2022.
  • UL's next ex-dividend date is Nov 13, 2026, with payment on Dec 18, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 5, 2026, UL pays out 46% of its trailing 12-month earnings as dividends (its payout ratio).
  • UL's dividend has grown at an average rate of 1.9% a year over the past five years.
  • As of Nov 5, 2026, UL's 3.12% yield is 12% below its five-year average yield of 3.55%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for UL is $74.10 per share, 9% above the $67.98 share price, so UL screens as fairly valued.
  • Unilever PLC (UL) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "UL Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/UL

Is UL a good dividend stock?

Mixed

Unilever PLC (UL) pays a quarterly dividend yielding 3.12% ($2.09/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Comfortable payout ratio (46%)

Risks

  • Cut its dividend in 2022

Key Data

Dividend Yield
3.12%
Payout Ratio
46%
Annual Dividend
$2.09
5-Yr Avg Growth
1.9%
Ex-Dividend Date
Nov 13, 2026
Years of Growth
3
Frequency
quarterly
Beta
0.47
Market Cap
$146.4B
P/E Ratio
13.7
5-Yr Total Return
14%
52-Week Range
$54.75 – $74.98
Dividend Safety
C · 57/100
Ever Cut?
Yes (2022)

UL dividend changes

Unilever PLC (UL) pays a variable dividend: across the 113 payments on record since 1987, 50 were higher than the one before and 36 lower. The latest change was down 2.6% to $0.531 per share, going ex-dividend on Aug 7, 2026.

Ex-dateChangeOld → newMove
Aug 7, 2026Lower$0.545 → $0.531−2.6%
May 15, 2026Lower$0.555 → $0.545−1.8%
Feb 27, 2026Lower$0.592 → $0.555−6.3%
Nov 7, 2025Higher$0.589 → $0.592+0.6%
Aug 15, 2025Higher$0.586 → $0.589+0.6%
May 16, 2025Higher$0.526 → $0.586+11.3%
Feb 28, 2025Lower$0.536 → $0.526−1.9%
Aug 9, 2024Higher$0.514 → $0.537+4.6%
Feb 22, 2024Higher$0.511 → $0.516+0.9%
Nov 16, 2023Lower$0.535 → $0.511−4.4%
Aug 3, 2023Higher$0.529 → $0.535+1.1%
May 18, 2023Higher$0.515 → $0.529+2.8%
Every UL payment →Download every raise and cut (CSV)
UL ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →UL dividend historyEvery payment, totals by year, raises and cutsView →UL dividend calculator100 shares pay $209.00 a year, $52.25 each quarterCalculate →UL total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is UL a good dividend stock?

Mixed. Unilever PLC (UL) pays a quarterly dividend yielding 3.12% ($2.09/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is UL undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, UL's fair value is about $74.10 versus a $67.98 share price — so it looks fairly valued (+9% vs. fair value).

Is UL's dividend safe?

UL has a dividend-safety grade of C (57/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2022, debt and yield-versus-history.

What is UL's fair value?

Our blended fair-value estimate for UL is about $74.10 per share, roughly 9% above the current $67.98 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is UL a buy, hold, or sell?

We don't issue formal ratings, but on the data UL screens as "mixed" and fairly valued. Unilever PLC (UL) pays a quarterly dividend yielding 3.12% ($2.09/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Will UL cut its dividend?

UL earns a dividend-safety grade of C (57/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does UL pay a dividend?

Yes. Unilever PLC pays a quarterly dividend of about $2.09 per share annually, a forward yield of roughly 3.12%.

How much dividend does 100 shares of UL pay?

At $2.09 per share a year, 100 shares of UL pay $209.00 a year in dividends before tax, about $52.25 each quarter. Buying them costs about $6,798 at the Nov 5, 2026 price.

What is UL's dividend yield?

As of Nov 5, 2026, UL's forward dividend yield is 3.12%, based on a $2.09 annual dividend and a $67.98 share price.

What is UL's dividend per share?

As of Nov 5, 2026, UL pays $2.09 per share per year, distributed on a quarterly basis.

What is UL's dividend payout ratio?

As of Nov 5, 2026, UL's payout ratio is 46% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has UL grown its dividend?

As of Nov 5, 2026, UL has increased its dividend for 3 consecutive years.

When is the next UL ex-dividend date?

As of Nov 5, 2026, the next ex-dividend date on record for UL is Nov 13, 2026.

Income Calculator

At $2.09 / yr per share

Per payment (quarterly)$52.25
Annual$209.00
Monthly avg$17.42
Full UL dividend calculator →

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