|Bid||3,957.50 x 0|
|Ask||3,958.00 x 0|
|Day's range||3,935.00 - 3,989.50|
|52-week range||3,267.50 - 4,178.00|
|Beta (5Y monthly)||0.13|
|PE ratio (TTM)||20.09|
|Earnings date||26 July 2022|
|Forward dividend & yield||1.44 (3.65%)|
|Ex-dividend date||17 Nov 2022|
|1y target est||51.94|
Hindustan Unilever’s chief executive said he believes India, the consumer group’s biggest market by volume, will overtake the US to become the largest by value. “I clearly see a day when HUL will become the largest Unilever business,” said Sanjiv Mehta, adding that he could not give a timeframe. The Indian subsidiary currently accounts for about 10.7 per cent of Unilever group sales, according to company data, and is one of its best-performing units.
Over the past year, inflation and rising interest rates drove investors toward safer, defensive stocks. That's why blue-chip stalwarts like Procter & Gamble (NYSE: PG), Colgate-Palmolive (NYSE: CL), and Coca-Cola (NYSE: KO) all outperformed the S&P 500 over the past 12 months.
Keen motorcyclist Alan Jope has traversed rocky roads from Peru to the Gobi desert, but the terrain he navigated as Unilever chief executive has been one of the less forgiving. Jope, 58, announced this week he would retire at the end of 2023, following three years in which he sold off the world’s largest tea business, unsuccessfully bid £50bn for GSK’s consumer health arm and shifted Unilever’s headquarters, only to see its share price languish slightly below its level when he arrived. The mixed performance from Jope, a 35-year veteran of the company, has led to renewed questions about the culture at the more than 90-year-old maker of Dove soap, Hellmann’s mayonnaise and Magnum ice creams.