Andlauer Healthcare Group Inc. (AND) to Distribute Quarterly Dividend of $0.12 on April 15th

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

Andlauer Healthcare Group Stock Performance

Shares of AND traded down C$0.43 during midday trading on Friday, hitting C$39.82. 35,088 shares of the stock traded hands, compared to its average volume of 32,951. The business’s 50 day moving average price is C$42.93 and its two-hundred day moving average price is C$42.00. The firm has a market capitalization of C$1.59 billion, a PE ratio of 23.98 and a beta of 0.66. The company has a debt-to-equity ratio of 39.31, a quick ratio of 1.66 and a current ratio of 1.44. 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

A number of research analysts have issued reports on AND shares. TD Securities reduced their target price on shares of Andlauer Healthcare Group from C$54.00 to C$53.00 and set a “buy” rating for the company in a research note on Friday, February 28th. Stifel Nicolaus boosted their price objective on Andlauer Healthcare Group from C$50.00 to C$52.00 in a research report on Monday, February 24th. Finally, National Bankshares raised their target price on 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. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.