Alimentation Couche-Tard Inc. (TSE:ATD - Get Free Report) announced a quarterly dividend on Monday, July 7th, TickerTech Dividends reports. Investors of record on Monday, July 21st will be given a dividend of 0.195 per share on Monday, July 21st. This represents a $0.78 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date is Monday, July 7th.
Alimentation Couche-Tard Trading Up 0.2%
Shares of TSE ATD traded up C$0.17 during midday trading on Friday, reaching C$69.13. The stock had a trading volume of 493,144 shares, compared to its average volume of 1,318,665. The company's 50 day moving average price is C$70.67 and its 200 day moving average price is C$72.52. The company has a debt-to-equity ratio of 101.54, a quick ratio of 0.88 and a current ratio of 0.99. Alimentation Couche-Tard has a twelve month low of C$65.95 and a twelve month high of C$85.53. The firm has a market cap of C$45.93 billion, a price-to-earnings ratio of 18.03, a price-to-earnings-growth ratio of 1.35 and a beta of 0.89.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on ATD. Stifel Nicolaus dropped their price target on Alimentation Couche-Tard from C$84.00 to C$81.00 and set a "buy" rating on the stock in a research note on Friday, June 27th. UBS Group dropped their target price on shares of Alimentation Couche-Tard from C$97.00 to C$94.00 in a research report on Monday, March 17th. TD Securities set a C$82.00 price target on shares of Alimentation Couche-Tard and gave the stock a "buy" rating in a report on Friday, June 27th. National Bankshares decreased their price target on shares of Alimentation Couche-Tard from C$86.00 to C$81.00 and set an "outperform" rating for the company in a research note on Wednesday, May 7th. Finally, Canaccord Genuity Group decreased their price target on shares of Alimentation Couche-Tard from C$84.00 to C$81.00 and set a "buy" rating for the company in a research note on Friday, June 20th. Ten equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Alimentation Couche-Tard currently has a consensus rating of "Buy" and a consensus price target of C$83.69.
Read Our Latest Stock Analysis on Alimentation Couche-Tard
Alimentation Couche-Tard Company Profile
(
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Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. Its convenience stores sell tobacco products and alternative tobacco products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.
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