Trading Report: Today: Norbord Inc (OSB) to Issue Quarterly Dividend of C$0.10 on December 21st

Today: Norbord Inc (OSB) to Issue Quarterly Dividend of C$0.10 on  December 21st

Norbord Inc (TSE:OSB) declared a quarterly dividend on Tuesday, November 29th. Shareholders of record on Wednesday, December 21st will be paid a dividend of 0.10 per share on Wednesday, December 21st. This represents a $0.40 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date is Tuesday, November 29th.

Shares of Norbord (TSE:OSB) traded down 0.85% during trading on Monday, reaching $32.75. The company’s stock had a trading volume of 170,153 shares. Norbord has a 12-month low of $19.44 and a 12-month high of $35.47. The stock has a market cap of $2.80 billion and a P/E ratio of 20.86. The stock’s 50-day moving average is $32.35 and its 200-day moving average is $30.36.

A number of equities analysts have recently commented on the company. Scotiabank set a C$37.75 price target on Norbord and gave the stock an “outperform” rating in a report on Monday, October 31st. TD Securities set a C$32.00 price target on Norbord and gave the stock a “hold” rating in a report on Monday, October 31st. CIBC lowered Norbord from an “outperform” rating to a “sector perform” rating and cut their price target for the stock from C$39.00 to C$35.00 in a report on Monday, October 24th. Royal Bank Of Canada raised their price target on Norbord from C$38.00 to C$45.00 in a report on Thursday, October 20th. Finally, RBC Capital Markets raised their price target on Norbord from C$38.00 to C$45.00 in a report on Thursday, October 20th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of C$39.82.

Related posts

Leave a Comment