The North West Company Inc. (TSE:NWC) Announces $0.39 Quarterly Dividend

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The North West Company Inc. (TSE:NWC - Get Free Report) announced a quarterly dividend on Wednesday, April 10th, TickerTech reports. Shareholders of record on Thursday, April 18th will be paid a dividend of 0.39 per share on Monday, April 29th. This represents a $1.56 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date is Wednesday, April 17th.

North West Price Performance

Shares of TSE:NWC traded up C$0.45 on Friday, hitting C$39.01. The company had a trading volume of 48,971 shares, compared to its average volume of 60,867. The company has a current ratio of 2.14, a quick ratio of 0.64 and a debt-to-equity ratio of 63.79. The company has a market cap of C$1.86 billion, a PE ratio of 14.72, a PEG ratio of 1.11 and a beta of 0.63. North West has a 52-week low of C$29.58 and a 52-week high of C$41.12. The business has a 50 day moving average of C$39.39 and a 200 day moving average of C$37.99.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on NWC shares. Jefferies Financial Group upped their target price on shares of North West from C$41.00 to C$43.00 and gave the company a "neutral" rating in a report on Friday. TD Securities boosted their target price on shares of North West from C$44.00 to C$45.00 and gave the company a "buy" rating in a report on Thursday. Finally, Royal Bank of Canada increased their price target on shares of North West from C$38.00 to C$40.00 in a research note on Thursday. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of C$41.20.


Get Our Latest Stock Report on NWC

Insider Transactions at North West

In other news, Senior Officer Leanne Flewitt sold 995 shares of the firm's stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of C$39.08, for a total transaction of C$38,884.60. Corporate insiders own 0.15% of the company's stock.

About North West

(Get Free Report)

The North West Company Inc, through its subsidiaries, engages in the retail of food and everyday products and services to rural communities and urban neighborhood markets in northern Canada, rural Alaska, the South Pacific, and the Caribbean. The Canadian operations comprises Northern stores, which offers food, financial services, and general merchandise; NorthMart stores that provides fresh foods, apparel, and health products and services; Quickstop convenience stores that provides ready-to-eat foods, and fuel and related services; Giant Tiger junior discount stores, which offers family fashion, household products, and food; Valu Lots discount center and direct-to-customer food distribution outlet; solo market, a store in remote market; Pharmacy and Convenience stores; and North West Company motorsports dealership offering sales, service, parts and accessories for Ski-doo, Honda, Can-am and other premier brands.

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Dividend History for North West (TSE:NWC)

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