UL Solutions declares quarterly dividend of $0.13 per share

Published 19/08/2025, 21:26
UL Solutions declares quarterly dividend of $0.13 per share

NORTHBROOK, Ill. - UL Solutions Inc. (NYSE:ULS), a global leader in applied safety science with a market capitalization of $13.5 billion, announced Tuesday that its board of directors has declared a quarterly dividend of $0.13 per share, representing an annual yield of 0.78%.

The dividend will be paid on September 8 to shareholders of record as of the close of business on August 29, according to a company press release.

UL Solutions provides testing, inspection and certification services, along with software products and advisory offerings. The company serves customers in more than 110 countries, supporting product innovation and business growth.

The company’s stock trades on the New York Stock Exchange under the ticker symbol ULS.

In other recent news, UL Solutions reported its second-quarter 2025 earnings, achieving an adjusted earnings per share of $0.52, which exceeded forecasts of $0.46 by 13.04%. The company also recorded a revenue of $776 million, marking a 6.3% increase from the previous year. Despite these positive earnings results, the company’s organic, constant currency revenue growth of 5.5% fell short of JPMorgan’s 6.2% projection. JPMorgan responded by raising its price target for UL Solutions to $70, maintaining an Overweight rating, citing a positive long-term growth outlook. Stifel also reiterated a Buy rating with a $77 price target, seeing the recent stock pullback as a buying opportunity.

In leadership developments, UL Solutions announced changes to its Executive Leadership Team, effective September 1. Alex Dadakis will become President of Testing, Inspection and Certification, and Gitte Schjøtz will take over as Chief Business Operations and Innovation Officer. Meanwhile, Weifang Zhou will transition to a newly created role as Special Advisor to the CEO. These changes are part of UL Solutions’ strategy to position itself for continued growth following its first year as a publicly traded company.

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