Parkland Co. (TSE:PKI) Declares $0.36 Quarterly Dividend

Key Points

• Parkland Co. has declared a quarterly dividend of $0.36 per share, payable on October 15th to stockholders of record as of September 22nd.
• The company’s stock saw an increase of C$0.09, reaching C$38.95, with a market capitalization of C$6.79 billion.
• Parkland has a debt-to-equity ratio of 199.87 and operates in the distribution and marketing of fuels and lubricants across the U.S. and Canada.

Parkland Co. (TSE:PKI - Get Free Report) announced a quarterly dividend on Tuesday, September 9th, RTT News reports. Stockholders of record on Monday, September 22nd will be paid a dividend of 0.36 per share on Wednesday, October 15th. This represents a c) annualized dividend and a dividend yield of 3.7%.

Parkland Stock Performance

Shares of TSE:PKI traded up C$0.09 during trading on Tuesday, reaching C$38.95. The company had a trading volume of 717,817 shares, compared to its average volume of 768,194. The company has a debt-to-equity ratio of 199.87, a current ratio of 1.39 and a quick ratio of 0.73. Parkland has a fifty-two week low of C$30.09 and a fifty-two week high of C$40.29. The firm has a market capitalization of C$6.79 billion, a price-to-earnings ratio of 23.05, a price-to-earnings-growth ratio of 11.79 and a beta of 0.15. The stock's fifty day moving average price is C$38.54 and its 200 day moving average price is C$37.19.

About Parkland

Parkland Corp distributes and markets fuels and lubricants. Refined fuels and other petroleum products are among the variety of offerings the company delivers to motorists, businesses, consumers, and wholesalers in the United States and Canada. Parkland operates through several subsidiaries that are either company owned-and retailer-operated, dealer-owned and dealer-operated, or dealer-cosigned and dealer-operated.

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