dentalcorp Holdings Ltd. (TSE:DNTL) Declares $0.03 Quarterly Dividend

dentalcorp Holdings Ltd. (TSE:DNTL - Get Free Report) announced a quarterly dividend on Friday, June 20th, RTT News reports. Shareholders of record on Thursday, July 3rd will be given a dividend of 0.025 per share on Tuesday, July 22nd. This represents a $0.10 annualized dividend and a yield of 1.23%.

dentalcorp Stock Performance

TSE DNTL opened at C$8.15 on Friday. The company has a debt-to-equity ratio of 78.72, a current ratio of 1.19 and a quick ratio of 1.04. The stock's 50 day simple moving average is C$8.46 and its 200-day simple moving average is C$8.15. The company has a market cap of C$1.53 billion, a PE ratio of -18.95, a price-to-earnings-growth ratio of -2.69 and a beta of 1.26. dentalcorp has a 1-year low of C$7.10 and a 1-year high of C$10.50.

Wall Street Analysts Forecast Growth

DNTL has been the topic of a number of recent research reports. Canaccord Genuity Group boosted their price target on shares of dentalcorp from C$12.25 to C$12.50 and gave the stock a "buy" rating in a research report on Monday, March 24th. CIBC boosted their target price on dentalcorp from C$11.50 to C$13.00 and gave the stock an "outperform" rating in a report on Monday, March 24th. National Bankshares set a C$15.00 price target on dentalcorp and gave the company a "buy" rating in a research report on Thursday, February 27th. Desjardins lifted their price objective on dentalcorp from C$12.00 to C$12.75 and gave the stock a "buy" rating in a research report on Monday, March 24th. Finally, TD Securities boosted their price objective on dentalcorp from C$12.00 to C$13.00 and gave the stock a "buy" rating in a research note on Thursday, May 22nd. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of C$12.59.

About dentalcorp

Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by the Professional Corporations and health care services rendered by employees or contractors of the company.

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