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Metro Inc. (TSE:MRU) Announces Quarterly Dividend of $0.37

Metro logo with Consumer Defensive background

Key Points

  • Metro Inc. has announced a quarterly dividend of $0.37 per share, payable on November 11th to shareholders of record on October 23rd.
  • The company's stock is trading at C$93.52 with a market cap of C$20.34 billion and a PE ratio of 20.29.
  • Metro is one of Canada's largest grocery retailers, with major banners including Metro, Metro Plus, Super C, and Food Basics, as well as a notable presence in the pharmacy sector due to its acquisition of Jean Coutu.
  • MarketBeat previews the top five stocks to own by November 1st.

Metro Inc. (TSE:MRU - Get Free Report) announced a quarterly dividend on Tuesday, September 30th, RTT News reports. Shareholders of record on Thursday, October 23rd will be paid a dividend of 0.37 per share on Tuesday, November 11th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%.

Metro Price Performance

TSE MRU traded up C$0.24 during trading hours on Thursday, reaching C$93.52. 1,144,098 shares of the company's stock were exchanged, compared to its average volume of 494,720. The stock has a market cap of C$20.34 billion, a PE ratio of 20.29, a price-to-earnings-growth ratio of 4.06 and a beta of 0.28. Metro has a one year low of C$81.01 and a one year high of C$109.20. The firm has a fifty day moving average of C$98.91 and a 200-day moving average of C$101.62. The company has a current ratio of 1.35, a quick ratio of 0.41 and a debt-to-equity ratio of 62.29.

Metro Company Profile

(Get Free Report)

Metro is one of the largest grocery retailers in Canada. With its 2018 acquisition of Jean Coutu, it also boasts a meaningful drugstore footprint. Noteworthy grocery banners include Metro, Metro Plus, Super C, and Food Basics, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks.

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Dividend History for Metro (TSE:MRU)

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