Tree Island Steel Ltd. (TSE:TSL - Get Free Report) announced a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.015 per share on Tuesday, April 15th. This represents a $0.06 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date of this dividend is Monday, March 31st.
Tree Island Steel Stock Up 1.5 %
TSE:TSL traded up C$0.04 during midday trading on Monday, reaching C$2.63. The company had a trading volume of 1,639 shares, compared to its average volume of 12,939. The stock's fifty day simple moving average is C$2.83 and its 200-day simple moving average is C$2.88. The company has a current ratio of 5.14, a quick ratio of 1.75 and a debt-to-equity ratio of 21.28. Tree Island Steel has a 12-month low of C$2.45 and a 12-month high of C$3.38. The firm has a market capitalization of C$67.73 million, a price-to-earnings ratio of -27.13 and a beta of 0.96.
About Tree Island Steel
(
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Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products in Canada, the United States, and internationally. It offers low-carbon and high-carbon galvanized steel wires; clean and bright wire for industrial and original equipment manufacturer customers; agricultural products, including fencing, barbed wire, galvanized wire, and bright wire, as well as other fabricated wire products specifically for farming, ranching, and vineyards; welded wire concrete reinforcing mesh and other fabricated wire products for heavy construction industry and infrastructure projects; and nails and stucco reinforcing products for residential and light commercial construction.
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