Pollard Banknote Limited Announces Quarterly Dividend of $0.05 (TSE:PBL)

Pollard Banknote Limited (TSE:PBL) declared a quarterly dividend on Monday, March 10th, RTT News reports. Investors of record on Monday, March 31st will be paid a dividend of 0.05 per share on Tuesday, April 22nd. This represents a $0.20 dividend on an annualized basis and a yield of 0.80%.

Pollard Banknote Price Performance

TSE:PBL traded down C$1.24 during trading hours on Monday, hitting C$24.85. 15,802 shares of the stock were exchanged, compared to its average volume of 13,671. The firm’s fifty day moving average price is C$26.49 and its 200 day moving average price is C$25.35. Pollard Banknote has a 52-week low of C$17.95 and a 52-week high of C$37.50. The company has a market cap of C$685.46 million, a P/E ratio of 14.25 and a beta of 0.63. The company has a current ratio of 1.87, a quick ratio of 1.01 and a debt-to-equity ratio of 51.70.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Cormark increased their price objective on Pollard Banknote from C$33.00 to C$42.00 in a research note on Wednesday, November 20th. Raymond James increased their target price on shares of Pollard Banknote from C$44.00 to C$46.00 in a research report on Friday, November 15th.

About Pollard Banknote

Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries and charitable gaming and eGaming systems. It provides instant tickets and lottery services including licensed products, distribution, SureTrack lottery management system, retail telephone selling, marketing, iLottery, digital products, Social InstantsTM, retail management services, and instant ticket vending machines.