Pollard Banknote Limited (TSE:PBL) Declares $0.05 Quarterly Dividend

Pollard Banknote Limited (TSE:PBL - Get Free Report) announced a quarterly dividend on Wednesday, May 8th, Zacks reports. Investors of record on Sunday, June 30th will be given a dividend of 0.05 per share on Monday, July 15th. This represents a $0.20 annualized dividend and a dividend yield of 0.60%. The ex-dividend date of this dividend is Friday, June 28th.

Pollard Banknote Stock Performance

Shares of TSE:PBL traded down C$0.13 during midday trading on Friday, hitting C$33.34. The company had a trading volume of 8,930 shares, compared to its average volume of 7,243. The company has a market cap of C$902.18 million, a price-to-earnings ratio of 28.99 and a beta of 0.63. The company has a debt-to-equity ratio of 49.94, a current ratio of 1.81 and a quick ratio of 1.01. The company has a fifty day moving average of C$35.76 and a two-hundred day moving average of C$33.53. Pollard Banknote has a 12-month low of C$22.63 and a 12-month high of C$37.75.

Pollard Banknote (TSE:PBL - Get Free Report) last issued its earnings results on Tuesday, March 5th. The company reported C$0.41 earnings per share for the quarter. The company had revenue of C$135.50 million during the quarter, compared to the consensus estimate of C$134.80 million. Pollard Banknote had a net margin of 6.04% and a return on equity of 11.93%. On average, equities research analysts expect that Pollard Banknote will post 1.488698 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on the stock. Acumen Capital increased their price objective on shares of Pollard Banknote from C$45.00 to C$47.00 and gave the company a "buy" rating in a report on Thursday, March 7th. Raymond James dropped their price objective on shares of Pollard Banknote from C$43.00 to C$40.50 in a report on Friday. Finally, Canaccord Genuity Group raised their target price on shares of Pollard Banknote from C$37.00 to C$40.00 in a research report on Wednesday, March 6th.

Insider Buying and Selling

In other Pollard Banknote news, Senior Officer Robert Brock Young sold 5,000 shares of Pollard Banknote stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of C$34.62, for a total value of C$173,100.00. In related news, Senior Officer Robert Brock Young sold 5,000 shares of the business's stock in a transaction dated Wednesday, March 27th. The shares were sold at an average price of C$34.62, for a total transaction of C$173,100.00. Also, Senior Officer Jennifer Doris Westbury sold 4,500 shares of the business's stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of C$37.00, for a total transaction of C$166,500.00. 63.99% of the stock is currently owned by corporate insiders.

About Pollard Banknote

Pollard Banknote Limited, together with its subsidiaries, manufactures and sells a range of lottery and charitable gaming products and solutions in the United States, Canada, and internationally. It operates through four segments: Lotteries, Charitable Gaming, eGaming systems, and Retail. The company designs, manufactures, and distributes instant tickets, as well as offers related services.