ADENTRA Inc. (TSE:ADEN) Plans $0.15 Quarterly Dividend

Key Points

• ADENTRA Inc. has declared a quarterly dividend of $0.15 per share, payable on October 31st to investors of record on October 20th, which equates to an annualized yield of 2.0%.
• The company's stock recently traded at $29.54, with a market capitalization of $521.56 million and a price-to-earnings ratio of 10.07, showing a 12-month price range between $24.60 and $44.08.
• ADENTRA operates a network of 86 facilities across North America, distributing architectural products to various markets, including residential and commercial construction.

ADENTRA Inc. (TSE:ADEN - Get Free Report) declared a quarterly dividend on Wednesday, August 6th, RTT News reports. Investors of record on Monday, October 20th will be given a dividend of 0.15 per share on Friday, October 31st. This represents a c) dividend on an annualized basis and a yield of 2.0%.

ADENTRA Stock Performance

Shares of ADEN stock traded up $0.30 during trading hours on Wednesday, reaching $29.54. The company had a trading volume of 62,094 shares, compared to its average volume of 65,846. The company has a market capitalization of $521.56 million, a price-to-earnings ratio of 10.07 and a beta of 1.57. ADENTRA has a 12-month low of $24.60 and a 12-month high of $44.08. The stock has a fifty day moving average of $28.52 and a 200-day moving average of $29.39.

About ADENTRA

Adentra Inc is a distributor of architectural products to fabricators, home centers and professional dealers servicing the new residential, repair and remodel, and commercial construction end markets. The company operates a network in North America of 86 facilities in the United States and Canada.

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