Universal Technical Institute Inc

NYSE UTI

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Universal Technical Institute Inc Dividend Payout Ratio for the year ending September 30, 2023: 41.14%

Universal Technical Institute Inc Dividend Payout Ratio is 41.14% for the year ending September 30, 2023, a 106.11% change year over year. The dividend payout ratio measures the percentage of a company's net income that is distributed as dividends to shareholders. It is calculated by dividing dividends paid by net income. This ratio provides insights into the portion of earnings that is returned to shareholders in the form of dividends. A higher ratio indicates a larger proportion of earnings being paid out as dividends.

Universal Technical Institute Inc Dividend Payout Ratio for the year ending September 30, 2022 was 19.96%, a -44.57% change year over year.
Universal Technical Institute Inc Dividend Payout Ratio for the year ending September 30, 2021 was 36.01%, a -45.23% change year over year.
Universal Technical Institute Inc Dividend Payout Ratio for the year ending September 30, 2020 was 65.73%, a 198.51% change year over year.
Universal Technical Institute Inc Dividend Payout Ratio for the year ending September 30, 2019 was -66.73%, a -315.38% change year over year.

NYSE: UTI

Universal Technical Institute Inc

CEO	Mr. Jerome A. Grant
IPO Date	Dec. 17, 2003
Location	United States
Headquarters	4225 East Windrose Drive, Phoenix, AZ, United States, 85032
Employees	3,000
Sector	Consumer Defensive
Industry	Education & training services

Description

Universal Technical Institute, Inc. provides transportation, skilled trades, and healthcare education programs in the United States. The company operates in two segments, UTI and Concorde. It offers certificate, diploma, or degree programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology. The company also provides manufacturer specific advanced training programs, including student paid electives at its campuses; and manufacturer or dealer sponsored training at various campuses and dedicated training centers. It serves students, partners, and communities by providing education and support services in various fields. Universal Technical Institute, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.

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