Trading Report: Today: High Liner Foods Inc (HLF) to Issue Dividend Increase – C$0.14 Per Share

Today: High Liner Foods Inc (HLF) to Issue Dividend Increase – C$0.14 Per Share

High Liner Foods Inc (TSE:HLF) declared a quarterly dividend on Tuesday, November 29th. Investors of record on Thursday, December 15th will be given a dividend of 0.14 per share on Thursday, December 15th. This represents a $0.56 annualized dividend and a yield of 2.77%. The ex-dividend date is Tuesday, November 29th. This is a positive change from High Liner Foods’s previous quarterly dividend of $0.13.

High Liner Foods (TSE:HLF) traded up 2.08% during trading on Monday, reaching $20.65. The company had a trading volume of 29,842 shares. The company has a market capitalization of $638.70 million and a PE ratio of 19.67. The stock has a 50 day moving average price of $23.13 and a 200-day moving average price of $21.59. High Liner Foods has a 52-week low of $12.08 and a 52-week high of $27.62.

Several analysts have recently issued reports on HLF shares. Beacon Securities reissued a “buy” rating on shares of High Liner Foods in a research note on Monday, September 12th. Royal Bank Of Canada lowered their price objective on shares of High Liner Foods from C$24.00 to C$23.00 and set a “sector perform” rating for the company in a research note on Friday, November 11th. Scotiabank lowered their price objective on shares of High Liner Foods from C$26.00 to C$23.00 and set a “sector perform” rating for the company in a research note on Thursday, November 10th. RBC Capital Markets boosted their price objective on shares of High Liner Foods from C$23.00 to C$24.00 and gave the company a “sector perform” rating in a research note on Friday, October 21st. Finally, BMO Capital Markets lowered their price objective on shares of High Liner Foods from C$27.00 to C$24.00 in a research note on Thursday, November 10th. Five research analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and a consensus price target of C$23.50.

Related posts

Leave a Comment