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

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 annualized dividend and a yield of 0.80%.

Pollard Banknote Stock Performance

TSE PBL traded down C$1.24 on Monday, hitting C$24.85. 15,802 shares of the company’s stock traded hands, compared to its average volume of 13,671. The firm has a market capitalization of C$685.46 million, a PE ratio of 14.25 and a beta of 0.63. Pollard Banknote has a 1-year low of C$17.95 and a 1-year high of C$37.50. The firm’s 50-day moving average price is C$26.49 and its two-hundred day moving average price is C$25.35. 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 equities research analysts have commented on PBL shares. Raymond James upped their price target on shares of Pollard Banknote from C$44.00 to C$46.00 in a report on Friday, November 15th. Cormark upped their target price on Pollard Banknote from C$33.00 to C$42.00 in a research note on Wednesday, November 20th.

Pollard Banknote Company Profile

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.