Richelieu Hardware Ltd. (TSE:RCH) Plans $0.15 Quarterly Dividend

Key Points

• Richelieu Hardware Ltd. declared a quarterly dividend of $0.15, with investors of record on October 23rd set to receive it on November 6th, representing an annualized yield of 1.8%.
• The company's stock price increased by 4.2%, closing at C$34.18, alongside a market cap of C$1.89 billion and a P/E ratio of 22.79.
• Richelieu Hardware operates primarily in Canada and parts of the U.S., specializing in the import, manufacturing, and distribution of specialty hardware products.

Richelieu Hardware Ltd. (TSE:RCH - Get Free Report) declared a quarterly dividend on Thursday, October 9th, RTT News reports. Investors of record on Thursday, October 23rd will be given a dividend of 0.1533 per share on Thursday, November 6th. This represents a c) dividend on an annualized basis and a yield of 1.8%.

Richelieu Hardware Stock Up 4.2%

TSE:RCH traded up C$1.38 during mid-day trading on Thursday, reaching C$34.18. The stock had a trading volume of 116,104 shares, compared to its average volume of 77,614. Richelieu Hardware has a fifty-two week low of C$31.81 and a fifty-two week high of C$43.20. The company has a debt-to-equity ratio of 26.37, a current ratio of 3.46 and a quick ratio of 0.72. The business's 50 day moving average is C$35.40 and its 200 day moving average is C$34.78. The stock has a market cap of C$1.89 billion, a P/E ratio of 22.79, a PEG ratio of 0.77 and a beta of 0.81.

Richelieu Hardware Company Profile

Richelieu Hardware Ltd is a Canada-based company that imports, manufactures, and distributes specialty hardware and complementary products. Headquartered in Montreal, the company operates across Canada and the eastern and midwestern regions of the United States. The majority of the company's sales are derived from its operations in Canada.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.