MTY Food Group Inc. (TSE:MTY) Declares Dividend Increase - $0.33 Per Share

MTY Food Group Inc. (TSE:MTY - Get Free Report) announced a quarterly dividend on Tuesday, February 4th,TickerTech Dividends reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.33 per share on Friday, February 14th. This represents a $1.32 annualized dividend and a dividend yield of 2.73%. The ex-dividend date is Tuesday, February 4th. This is an increase from MTY Food Group's previous quarterly dividend of $0.28.

MTY Food Group Stock Up 0.5 %

MTY stock traded up C$0.23 during trading on Wednesday, reaching C$48.39. The stock had a trading volume of 45,122 shares, compared to its average volume of 47,241. The company has a market capitalization of C$1.14 billion, a P/E ratio of 12.19, a PEG ratio of 0.75 and a beta of 1.95. The firm has a fifty day moving average price of C$47.62 and a 200 day moving average price of C$45.96. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 142.40. MTY Food Group has a 1-year low of C$40.45 and a 1-year high of C$59.80.

MTY Food Group Company Profile

MTY Food Group Inc operates and franchises quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. It also sells retail products under a multitude of banners. The company was formerly known as iNsu Innovations Group Inc and changed its name to MTY Food Group Inc in July 2003.