Tree Island Steel Ltd. (TSE:TSL - Get Free Report) announced a quarterly dividend on Monday, June 30th, TickerTech Dividends reports. Investors of record on Tuesday, July 15th will be given a dividend of 0.015 per share on Tuesday, July 15th. This represents a $0.06 annualized dividend and a dividend yield of 2.45%. The ex-dividend date is Monday, June 30th.
Tree Island Steel Stock Performance
Tree Island Steel stock traded down C$0.02 during midday trading on Tuesday, reaching C$2.45. 9,441 shares of the stock traded hands, compared to its average volume of 12,150. The firm has a fifty day moving average price of C$2.53 and a two-hundred day moving average price of C$2.72. The company has a current ratio of 5.14, a quick ratio of 1.75 and a debt-to-equity ratio of 21.28. The firm has a market cap of C$63.09 million, a price-to-earnings ratio of -25.27 and a beta of 0.96. Tree Island Steel has a fifty-two week low of C$2.37 and a fifty-two week high of C$3.23.
About Tree Island Steel
(
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Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products in Canada, the United States, and internationally. It offers low-carbon and high-carbon galvanized steel wires; clean and bright wire for industrial and original equipment manufacturer customers; agricultural products, including fencing, barbed wire, galvanized wire, and bright wire, as well as other fabricated wire products specifically for farming, ranching, and vineyards; welded wire concrete reinforcing mesh and other fabricated wire products for heavy construction industry and infrastructure projects; and nails and stucco reinforcing products for residential and light commercial construction.
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