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

Andlauer Healthcare Group Inc. (TSE:AND - Get Free Report) declared a quarterly dividend on Friday, June 13th, RTT News reports. Investors of record on Monday, June 30th will be paid a dividend of 0.12 per share on Tuesday, July 15th. This represents a $0.48 dividend on an annualized basis and a yield of 0.91%.

Andlauer Healthcare Group Price Performance

TSE:AND traded down C$0.20 during mid-day trading on Monday, reaching C$52.61. The stock had a trading volume of 83,488 shares, compared to its average volume of 68,999. The stock has a 50-day simple moving average of C$50.41 and a two-hundred day simple moving average of C$45.41. The stock has a market capitalization of C$2.10 billion, a PE ratio of 31.68 and a beta of 0.66. The company has a debt-to-equity ratio of 39.31, a current ratio of 1.44 and a quick ratio of 1.66. Andlauer Healthcare Group has a 12 month low of C$36.68 and a 12 month high of C$53.93.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on AND. TD Securities cut shares of Andlauer Healthcare Group from a "buy" rating to a "sell" rating and lifted their price objective for the company from C$51.00 to C$55.00 in a research note on Friday, April 25th. Scotiabank boosted their target price on shares of Andlauer Healthcare Group from C$43.00 to C$55.00 in a research note on Friday, April 25th. Finally, Stifel Nicolaus boosted their target price on shares of Andlauer Healthcare Group from C$50.00 to C$52.00 in a research note on Monday, February 24th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of C$50.67.

Andlauer Healthcare Group Company Profile

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.