Pollard Banknote Limited Declares Quarterly Dividend of $0.05 (TSE:PBL)

Pollard Banknote Limited (TSE:PBL - Get Free Report) declared a quarterly dividend on Tuesday, December 31st,TickerTech Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.05 per share on Wednesday, January 15th. This represents a $0.20 annualized dividend and a dividend yield of 0.83%. The ex-dividend date is Tuesday, December 31st.

Pollard Banknote Price Performance

Shares of TSE:PBL traded up C$1.00 during midday trading on Tuesday, hitting C$24.00. The company had a trading volume of 5,960 shares, compared to its average volume of 12,887. Pollard Banknote has a twelve month low of C$17.95 and a twelve month high of C$37.75. The stock has a market cap of C$649.44 million, a price-to-earnings ratio of 17.27 and a beta of 0.63. The company has a debt-to-equity ratio of 45.40, a current ratio of 1.78 and a quick ratio of 1.01. The business's 50-day simple moving average is C$24.38 and its 200-day simple moving average is C$25.49.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on PBL. Cormark increased their price objective on Pollard Banknote from C$33.00 to C$42.00 in a research report on Wednesday, November 20th. Raymond James increased their price target on Pollard Banknote from C$44.00 to C$46.00 in a report on Friday, November 15th.

Pollard Banknote Company Profile

Pollard Banknote Limited, together with its subsidiaries, manufactures and sells a range of lottery and charitable gaming products and solutions in the United States, Canada, and internationally. It operates through four segments: Lotteries, Charitable Gaming, eGaming systems, and Retail. The company designs, manufactures, and distributes instant tickets, as well as offers related services.