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

Metro logo with Consumer Defensive background

Key Points

  • Metro Inc. declared a quarterly dividend of $0.37 per share set for payment on November 11th, with an ex-dividend date of October 23rd, representing an annualized yield of 1.5%.
  • The company's current market cap stands at C$20.84 billion, and its stock is currently trading at around C$95.78, reflecting a P/E ratio of 20.78.
  • Metro is one of Canada's largest grocery retailers and has expanded its presence in the drugstore market through its acquisition of Jean Coutu in 2018.
  • MarketBeat previews top five stocks to own in November.

Metro Inc. (TSE:MRU - Get Free Report) announced a quarterly dividend on Thursday, October 23rd, RTT News reports. Shareholders of record on Wednesday, November 12th will be paid a dividend of 0.37 per share on Wednesday, November 12th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, October 23rd.

Metro Trading Down 0.9%

Shares of Metro stock opened at C$95.78 on Tuesday. The firm has a market capitalization of C$20.84 billion, a PE ratio of 20.78, a price-to-earnings-growth ratio of 4.06 and a beta of 0.22. The company has a debt-to-equity ratio of 62.29, a current ratio of 1.35 and a quick ratio of 0.41. The company's fifty day moving average price is C$96.04 and its two-hundred day moving average price is C$101.37. Metro has a 52-week low of C$81.01 and a 52-week high of C$109.20.

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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