Pollard Banknote Limited to Issue Quarterly Dividend of $0.05 (TSE:PBL)

Pollard Banknote Limited (TSE:PBL - Get Free Report) declared a quarterly dividend on Monday, June 30th, TickerTech Dividends reports. Shareholders of record on Tuesday, July 15th will be given a dividend of 0.05 per share on Tuesday, July 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date of this dividend is Monday, June 30th.

Pollard Banknote Trading Down 4.5%

TSE:PBL traded down C$1.00 during trading hours on Friday, reaching C$21.30. 12,480 shares of the stock were exchanged, compared to its average volume of 21,109. The company has a quick ratio of 1.01, a current ratio of 1.87 and a debt-to-equity ratio of 51.70. The business has a 50-day moving average of C$20.53 and a two-hundred day moving average of C$22.71. Pollard Banknote has a twelve month low of C$17.19 and a twelve month high of C$29.99. The company has a market capitalization of C$587.54 million, a price-to-earnings ratio of 12.22 and a beta of 0.63.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Cormark decreased their price target on Pollard Banknote from C$42.00 to C$37.00 in a research note on Thursday, March 27th. Raymond James Financial reduced their price objective on Pollard Banknote from C$46.00 to C$39.00 and set an "outperform" rating on the stock in a research note on Tuesday, March 11th.

About Pollard Banknote

Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries and charitable gaming and eGaming systems. It provides instant tickets and lottery services including licensed products, distribution, SureTrack lottery management system, retail telephone selling, marketing, iLottery, digital products, Social InstantsTM, retail management services, and instant ticket vending machines.

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