Andlauer Healthcare Group Inc. (TSE:AND) Announces Quarterly Dividend of $0.12

Andlauer Healthcare Group Inc. (TSE:AND) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.12 per share on Tuesday, April 15th. This represents a $0.48 annualized dividend and a dividend yield of 1.21%. The ex-dividend date is Monday, March 31st. This is a 9.1% increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.11.

Andlauer Healthcare Group Price Performance

Shares of TSE AND traded down C$0.43 during mid-day trading on Friday, reaching C$39.82. The company had a trading volume of 35,088 shares, compared to its average volume of 32,951. The company has a 50-day moving average price of C$42.93 and a two-hundred day moving average price of C$42.00. The stock has a market cap of C$1.59 billion, a PE ratio of 23.98 and a beta of 0.66. The company has a current ratio of 1.44, a quick ratio of 1.66 and a debt-to-equity ratio of 39.31. Andlauer Healthcare Group has a 1-year low of C$36.43 and a 1-year high of C$48.00.

Wall Street Analyst Weigh In

Several analysts have issued reports on AND shares. Stifel Nicolaus boosted their price objective on Andlauer Healthcare Group from C$50.00 to C$52.00 in a report on Monday, February 24th. National Bankshares upped their price target on shares of Andlauer Healthcare Group from C$45.00 to C$49.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 11th. Finally, TD Securities lowered their price objective on shares of Andlauer Healthcare Group from C$54.00 to C$53.00 and set a “buy” rating on the stock in a research report on Friday, February 28th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$48.71.

About Andlauer Healthcare Group

Andlauer Healthcare Group Inc, a supply chain management company, provides a platform of customized third-party logistics (3PL) and specialized transportation solutions for the healthcare sector in Canada and the United States. The company operates in two segments, Specialized Transportation and Healthcare Logistics.