Andlauer Healthcare Group Inc. (TSE:AND) to Issue $0.12 Quarterly Dividend

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 annualized dividend and a yield of 0.91%.

Andlauer Healthcare Group Stock Performance

AND traded down C$0.02 during trading on Monday, reaching C$52.79. 47,825 shares of the company were exchanged, compared to its average volume of 68,554. The company has a current ratio of 1.44, a quick ratio of 1.66 and a debt-to-equity ratio of 39.31. Andlauer Healthcare Group has a 52 week low of C$36.68 and a 52 week high of C$53.93. The firm has a 50 day moving average of C$50.15 and a 200 day moving average of C$45.35. The stock has a market cap of C$2.10 billion, a P/E ratio of 31.79 and a beta of 0.66.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Stifel Nicolaus increased their price objective on Andlauer Healthcare Group from C$50.00 to C$52.00 in a report on Monday, February 24th. Scotiabank increased their target price on Andlauer Healthcare Group from C$43.00 to C$55.00 in a research note on Friday, April 25th. Finally, TD Securities lowered shares of Andlauer Healthcare Group from a "buy" rating to a "sell" rating and upped their price objective for the company from C$51.00 to C$55.00 in a research report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of C$50.67.

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.