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Empire Company Limited (TSE:EMP.A) Plans Quarterly Dividend of $0.22

Empire logo with Consumer Defensive background

Key Points

  • Empire Company Limited has declared a quarterly dividend of $0.22 per share, which will be paid to shareholders of record on October 31st.
  • The company's annualized dividend yield stands at 1.8%, and the ex-dividend date is set for October 15th.
  • Recently, insider transactions showed that company executives sold a total of 8,082 shares valued at $451,482 over the past three months.
  • Interested in Empire? Here are five stocks we like better.

Empire Company Limited (TSE:EMP.A - Get Free Report) declared a quarterly dividend on Wednesday, October 15th, TickerTech Dividends reports. Shareholders of record on Friday, October 31st will be paid a dividend of 0.22 per share on Friday, October 31st. This represents a c) annualized dividend and a yield of 1.8%. The ex-dividend date is Wednesday, October 15th.

Empire Trading Up 0.2%

Shares of EMP.A opened at C$48.50 on Monday. The stock has a fifty day moving average price of C$52.28 and a two-hundred day moving average price of C$52.12. The company has a debt-to-equity ratio of 135.51, a quick ratio of 0.29 and a current ratio of 0.79. Empire has a 52-week low of C$39.23 and a 52-week high of C$58.32. The company has a market cap of C$11.20 billion, a price-to-earnings ratio of 16.28, a PEG ratio of 16.20 and a beta of 0.08.

Insider Transactions at Empire

In other news, Senior Officer Douglas Bigler Nathanson sold 1,500 shares of the company's stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of C$56.10, for a total transaction of C$84,150.00. Also, Senior Officer Sandra Sanderson sold 2,380 shares of the company's stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of C$56.00, for a total value of C$133,280.00. Insiders sold 8,082 shares of company stock valued at $451,482 over the last three months. Company insiders own 2.18% of the company's stock.

Empire Company Profile

(Get Free Report)

Empire Co Ltd key businesses are food retailing, investments, and other operations. The food retailing division operates through Empire's subsidiary Sobeys and represents nearly all of the company's income. This segment owns, affiliates, or franchises more than 1,500 stores in 10 provinces, under retail banners including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Lawton's Drug Stores, and multiple retail fuel locations.

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Dividend History for Empire (TSE:EMP.A)

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