MTY Food Group Inc. (TSE:MTY) to Issue Quarterly Dividend of $0.37

Key Points

• MTY declared a quarterly dividend of C$0.37 per share, implying an annualized yield of 3.6%; the ex-dividend date is May 5 and shareholders of record on May 15 will be paid on May 15.
• The company reported C$0.98 in EPS for the quarter and trades at a low P/E of 6.05 with a market capitalization of about C$929.6 million.
• MTY shows strong profitability (ROE 18.6%, net margin 13.1%) but also has high leverage (debt-to-equity 127.6) and weak liquidity (current ratio 0.69, quick ratio 0.57), which investors should note.

MTY Food Group Inc. (TSE:MTY - Get Free Report) declared a quarterly dividend on Tuesday, May 5th, TickerTech Dividends reports. Investors of record on Friday, May 15th will be paid a dividend of 0.37 per share on Friday, May 15th. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, May 5th.

MTY Food Group Trading Up 0.3%

Shares of MTY Food Group stock opened at C$40.70 on Friday. The company has a debt-to-equity ratio of 127.62, a current ratio of 0.69 and a quick ratio of 0.57. MTY Food Group has a 1 year low of C$32.92 and a 1 year high of C$46.36. The company has a market capitalization of C$929.63 million, a P/E ratio of 6.05, a P/E/G ratio of 0.75 and a beta of 0.85. The business has a 50 day moving average price of C$39.69 and a 200 day moving average price of C$38.74.

MTY Food Group (TSE:MTY - Get Free Report) last issued its quarterly earnings results on Friday, April 10th. The company reported C$0.98 earnings per share for the quarter. The company had revenue of C$267.77 million during the quarter. MTY Food Group had a return on equity of 18.59% and a net margin of 13.14%. Sell-side analysts anticipate that MTY Food Group will post 4.4909091 EPS for the current fiscal year.

MTY Food Group Company Profile

MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada and US and International. It generates maximum revenue from Canada. The company brands include Big Smoke Burger, Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.

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