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

Richelieu Hardware logo with Consumer Cyclical background

Richelieu Hardware Ltd. (TSE:RCH - Get Free Report) declared a quarterly dividend on Thursday, July 10th, RTT News reports. Investors of record on Thursday, July 24th will be given a dividend of 0.1533 per share on Thursday, August 7th. This represents a $0.61 annualized dividend and a yield of 1.65%.

Richelieu Hardware Price Performance

Richelieu Hardware stock traded up C$0.53 during midday trading on Thursday, hitting C$37.23. 149,526 shares of the company's stock were exchanged, compared to its average volume of 79,800. Richelieu Hardware has a 52-week low of C$31.81 and a 52-week high of C$43.20. The stock has a 50-day moving average price of C$34.83 and a two-hundred day moving average price of C$35.95. The company has a debt-to-equity ratio of 26.37, a quick ratio of 0.72 and a current ratio of 3.46. The company has a market cap of C$2.07 billion, a P/E ratio of 23.17, a PEG ratio of 0.77 and a beta of 0.94.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on RCH shares. National Bankshares cut their price objective on Richelieu Hardware from C$37.50 to C$37.00 and set a "sector perform" rating for the company in a report on Thursday, June 26th. CIBC upped their price objective on Richelieu Hardware from C$32.00 to C$38.00 in a report on Monday, April 14th.

Read Our Latest Research Report on RCH

Richelieu Hardware Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for Richelieu Hardware (TSE:RCH)

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