Previous Close | 50.14 |
Open | 49.99 |
Bid | 50.21 x 1800 |
Ask | 50.46 x 2900 |
Day's Range | 49.95 - 50.24 |
52 Week Range | 46.16 - 55.99 |
Volume | |
Avg. Volume | 2,766,639 |
Market Cap | 125.742B |
Beta (5Y Monthly) | 0.17 |
PE Ratio (TTM) | 18.05 |
EPS (TTM) | 2.78 |
Earnings Date | N/A |
Forward Dividend & Yield | 1.86 (3.70%) |
Ex-Dividend Date | Feb 22, 2024 |
1y Target Est | 46.00 |
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As Unilever readies its ice cream business for sale, figuring out its worth—and its politics—are top of mind.
Last Tuesday, Unilever PLC (NYSE: UL) revealed its plans to spin off its ice-cream business. Getting rid of the home of Ben & Jerry’s means cutting 7,500 jobs as part of the company’s cost-savings program. The consumer goods company plans to complete the spinoff by the end of 2025 with the CEO hinting on Sunday that the Netherlands has a good chance of becoming the division’s listing host. Unilever Is On A Cost-Cutting Mission After it spins off the business that makes 16% of its global sales an