Universal Security Instruments, Inc. (UUU) Dividend History

Universal Security Instruments, Inc. (UUU) is a manufacturer of residential security products, including smoke alarms, carbon monoxide detectors, and other safety devices. The company focuses on providing reliable safety solutions for homeowners and landlords, emphasizing innovation and compliance with safety standards. Its product portfolio includes both wired and wireless alarm systems designed to enhance home security.

Dividend History

Universal Security Instruments, Inc. currently does not pay dividends

Company News

  • Feit Electric, a leading global manufacturer of lighting and smart home solutions, has acquired the assets of Universal Security Instruments Inc. (USI), a pioneer in smoke, fire, and carbon monoxide alarm innovation. The acquisition will allow Feit Electric to expand into the home safety category and offer a more complete suite of solutions for the modern home.

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  • Universal Security Instruments, Inc. reported a net loss for the third quarter and nine months ended December 31, 2024, due to bulk sales of excess and obsolete inventory at reduced gross profit margins and substantial expenses related to a potential asset sale to Feit Electric Company, Inc.

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  • The carbon monoxide alarms market is expected to grow significantly due to increased awareness of CO poisoning risks, technological advancements, and rising demand for safety solutions. The portable CO alarms segment and the residential sector are anticipated to experience the fastest growth.

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  • Shares of GitLab Inc. (NASDAQ: GTLB) rose sharply in pre-market trading after the company posted better-than-expected results for its third quarter and issued a strong forecast for FY24. GitLab posted earnings of nine cents per share, exceeding the Street's estimate of losses of one cent per share. Quarterly sales of $149.70 million clocked in above analyst expectations of $141.49 million, according to Benzinga Pro. The company said it sees full-year 2024 earnings to be between 12 cents and 13 cents per share, versus the estimate of losses of six cents. Full-year revenue is expected to be between $573 million and $574 million, versus the $558.14 million estimate. GitLab shares gained 16.4% to $61.63 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Wheeler Real Estate Investment Trust Inc (NASDAQ: WHLR) shares gained 62.5% to $0.46 in pre-market trading after falling over 12% on Monday. Meta Materials Inc. (NASDAQ: MMAT) shares rose 52.7% to $0.1068 in pre-market trading. Meta Materials shares fell 36% on Monday after the company announced a $6 million registered direct offering. NeuroSense Therapeutics Ltd. (NASDAQ: NRSN) rose 38.9% to $2.07 in ...

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  • With U.S. stock futures trading mostly lower this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Guaranty Bancshares, Inc. (NYSE: GNTY) to post quarterly earnings at 56 cents per share on revenue of $29.48 million before the opening bell. Guaranty Bancshares shares gained 4.9% to $27.97 in after-hours trading. BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) reported a proposed underwritten public offering. BYND Cannasoft ...

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Dividend data last updated 06/08/2025 00:07:50 UTC