Doman Building Materials Group Ltd. (TSE:DBM - Get Free Report) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.14 per share on Tuesday, April 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 8.13%. The ex-dividend date is Monday, March 31st.
Doman Building Materials Group Trading Up 2.1 %
Shares of DBM traded up C$0.14 during trading hours on Wednesday, hitting C$6.89. The stock had a trading volume of 110,887 shares, compared to its average volume of 239,819. Doman Building Materials Group has a 12-month low of C$6.32 and a 12-month high of C$9.96. The firm has a market cap of C$602.18 million, a P/E ratio of 10.65 and a beta of 1.53. The company has a debt-to-equity ratio of 112.91, a quick ratio of 1.11 and a current ratio of 2.94. The company's fifty day simple moving average is C$7.37 and its 200 day simple moving average is C$8.22.
Insiders Place Their Bets
In other news, Director Marc Seguin acquired 10,000 shares of the business's stock in a transaction on Tuesday, March 4th. The shares were purchased at an average price of C$6.93 per share, for a total transaction of C$69,300.00. 20.04% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on DBM. TD Securities set a C$9.50 price objective on Doman Building Materials Group and gave the stock a "buy" rating in a report on Tuesday, March 25th. CIBC cut their price target on shares of Doman Building Materials Group from C$11.50 to C$9.50 and set an "outperform" rating on the stock in a report on Tuesday, March 4th. Finally, Raymond James reduced their price target on shares of Doman Building Materials Group from C$12.00 to C$11.50 in a research report on Thursday, January 30th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of C$10.64.
Check Out Our Latest Report on Doman Building Materials Group
About Doman Building Materials Group
(
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Doman Building Materials Group Ltd is a wholesale distributor of building materials and home renovation products. The company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers and similar concerns.
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