Toromont Industries Ltd. (TSE:TIH – Get Free Report) Director Jeffrey Scott Chisholm bought 4,500 shares of Toromont Industries stock in a transaction dated Tuesday, December 10th. The shares were bought at an average cost of C$111.45 per share, with a total value of C$501,525.00.
Toromont Industries Stock Up 0.5 %
TIH stock opened at C$111.71 on Friday. The stock has a 50-day simple moving average of C$121.65 and a two-hundred day simple moving average of C$122.59. Toromont Industries Ltd. has a twelve month low of C$109.83 and a twelve month high of C$135.53. The firm has a market capitalization of C$9.15 billion, a PE ratio of 17.82, a PEG ratio of 3.72 and a beta of 0.68. The company has a quick ratio of 1.38, a current ratio of 2.64 and a debt-to-equity ratio of 24.08.
Toromont Industries Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, January 6th. Investors of record on Monday, January 6th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date is Friday, December 6th. Toromont Industries’s dividend payout ratio (DPR) is presently 30.62%.
Wall Street Analyst Weigh In
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Toromont Industries Company Profile
Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services.
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