Spin Master Corp. Plans Quarterly Dividend of $0.12 (TSE:TOY)

Spin Master Corp. (TSE:TOY - Get Free Report) announced a quarterly dividend on Wednesday, October 30th, Zacks reports. Stockholders of record on Friday, December 27th will be paid a dividend of 0.12 per share on Friday, January 10th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend is Friday, December 27th.

Spin Master Stock Up 4.3 %

Shares of Spin Master stock traded up C$1.27 during trading on Friday, hitting C$30.74. The company's stock had a trading volume of 138,901 shares, compared to its average volume of 88,395. Spin Master has a 52 week low of C$27.52 and a 52 week high of C$36.82. The company has a market capitalization of C$1.07 billion, a PE ratio of 53.93, a P/E/G ratio of 0.57 and a beta of 1.86. The company has a fifty day simple moving average of C$31.49 and a two-hundred day simple moving average of C$30.58. The company has a debt-to-equity ratio of 47.83, a quick ratio of 2.06 and a current ratio of 1.02.

Spin Master (TSE:TOY - Get Free Report) last posted its quarterly earnings data on Tuesday, July 30th. The company reported C$0.12 earnings per share for the quarter, missing analysts' consensus estimates of C$0.15 by C($0.03). Spin Master had a net margin of 2.37% and a return on equity of 3.56%. The company had revenue of C$563.71 million for the quarter, compared to the consensus estimate of C$583.31 million. Equities research analysts predict that Spin Master will post 3.1361829 earnings per share for the current year.

Insider Activity at Spin Master

In other news, Director Chi Wah Yuen sold 4,704 shares of the stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of C$31.45, for a total value of C$147,963.85. In related news, Senior Officer Tara Lise Deakin sold 2,000 shares of the business's stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of C$33.27, for a total value of C$66,532.60. Also, Director Chi Wah Yuen sold 4,704 shares of the stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of C$31.45, for a total transaction of C$147,963.85. In the last ninety days, insiders sold 33,498 shares of company stock worth $1,063,920. 2.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on TOY shares. Cormark raised their price target on shares of Spin Master from C$42.00 to C$45.00 in a research report on Friday. TD Securities set a C$46.00 target price on Spin Master and gave the company a "buy" rating in a research note on Tuesday, September 24th. Finally, Royal Bank of Canada lowered their price target on Spin Master from C$46.00 to C$43.00 and set an "outperform" rating on the stock in a report on Friday. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Spin Master currently has an average rating of "Moderate Buy" and an average target price of C$42.13.

About Spin Master

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.