goeasy Ltd. (TSE:GSY) Plans Dividend Increase - $1.46 Per Share

goeasy Ltd. (TSE:GSY - Get Free Report) declared a quarterly dividend on Friday, March 28th, TickerTech Dividends reports. Shareholders of record on Friday, April 11th will be paid a dividend of 1.46 per share on Friday, April 11th. This represents a $5.84 annualized dividend and a yield of 3.89%. The ex-dividend date of this dividend is Friday, March 28th. This is a 24.8% increase from goeasy's previous quarterly dividend of $1.17.

goeasy Stock Down 1.3 %

Shares of GSY stock traded down C$2.02 during mid-day trading on Friday, hitting C$149.95. 40,513 shares of the stock traded hands, compared to its average volume of 74,391. The company has a debt-to-equity ratio of 287.63, a current ratio of 82.04 and a quick ratio of 28.46. goeasy has a 52-week low of C$140.73 and a 52-week high of C$206.02. The stock has a market cap of C$2.51 billion, a P/E ratio of 9.12, a P/E/G ratio of 0.84 and a beta of 1.87. The stock's fifty day moving average is C$165.53 and its two-hundred day moving average is C$171.22.

Wall Street Analyst Weigh In

Several research firms recently commented on GSY. BMO Capital Markets upgraded shares of goeasy from a "market perform" rating to an "outperform" rating and reduced their price target for the company from C$207.00 to C$200.00 in a research report on Friday, March 14th. Raymond James upped their price objective on goeasy from C$230.00 to C$245.00 in a report on Tuesday, February 18th. Finally, Jefferies Financial Group reduced their target price on goeasy from C$228.00 to C$215.00 and set a "buy" rating for the company in a report on Tuesday, February 11th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, goeasy has an average rating of "Moderate Buy" and an average price target of C$223.00.

goeasy Company Profile

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.