MTY Food Group Inc. Declares Quarterly Dividend of $0.33 (TSE:MTY)

MTY Food Group Inc. (TSE:MTY - Get Free Report) announced a quarterly dividend on Thursday, May 1st, TickerTech Dividends reports. Investors of record on Thursday, May 15th will be paid a dividend of 0.33 per share on Thursday, May 15th. This represents a $1.32 annualized dividend and a yield of 3.08%. The ex-dividend date is Thursday, May 1st.

MTY Food Group Price Performance

Shares of TSE:MTY traded down C$0.58 on Thursday, reaching C$42.79. The company's stock had a trading volume of 30,212 shares, compared to its average volume of 67,856. The company has a 50-day simple moving average of C$41.69 and a 200 day simple moving average of C$45.21. MTY Food Group has a 52-week low of C$36.79 and a 52-week high of C$53.16. The company has a debt-to-equity ratio of 142.67, a quick ratio of 0.57 and a current ratio of 0.61. The company has a market cap of C$997.75 million, a P/E ratio of 10.69, a PEG ratio of 0.75 and a beta of 1.95.

Analyst Upgrades and Downgrades

Separately, Raymond James dropped their target price on MTY Food Group from C$55.00 to C$50.00 in a report on Monday, April 14th.

About MTY Food Group

MTY Food Group Inc operates and franchises quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. It also sells retail products under a multitude of banners. The company was formerly known as iNsu Innovations Group Inc and changed its name to MTY Food Group Inc in July 2003.