Pet Valu Holdings Ltd. (TSE:PET - Get Free Report) declared a quarterly dividend on Monday, August 5th, Zacks reports. Investors of record on Friday, August 30th will be paid a dividend of 0.11 per share on Monday, September 16th. This represents a $0.44 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date of this dividend is Friday, August 30th.
Pet Valu Stock Performance
Shares of PET traded down C$0.31 during midday trading on Wednesday, hitting C$24.05. 41,015 shares of the stock traded hands, compared to its average volume of 74,587. The company has a market cap of C$1.72 billion, a price-to-earnings ratio of 21.10 and a beta of 0.80. Pet Valu has a 1-year low of C$23.52 and a 1-year high of C$32.90.
Analysts Set New Price Targets
PET has been the subject of a number of analyst reports. Cibc World Mkts raised shares of Pet Valu to a "strong-buy" rating in a research note on Wednesday, August 7th. Barclays raised Pet Valu to a "strong-buy" rating in a report on Wednesday, August 7th.
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About Pet Valu
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Pet Valu Holdings Ltd. engages in the retail and wholesale of pet foods and pet-related supplies for dogs, cats, fish, birds, reptiles, and small animals in Canada. It offers food and treats for dogs and cats, cat litter, dog and cat toys, collars and leashes, health and wellness solutions, waste management solutions, pet cages and carriers, flea and tick products, and pet apparel and other related accessories.
Further Reading
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