TWC Enterprises (TSE:TWC) Reaches New 1-Year High - Here's Why

TWC Enterprises Limited (TSE:TWC - Get Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as C$24.25 and last traded at C$22.53, with a volume of 3850 shares changing hands. The stock had previously closed at C$22.55.

TWC Enterprises Price Performance

The stock has a market capitalization of C$566.74 million, a price-to-earnings ratio of 11.38 and a beta of 1.16. The company has a quick ratio of 1.61, a current ratio of 4.52 and a debt-to-equity ratio of 6.47. The stock has a fifty day moving average of C$19.68 and a 200-day moving average of C$18.46.

TWC Enterprises Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 16th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend was Friday, May 30th. TWC Enterprises's dividend payout ratio is currently 14.68%.

TWC Enterprises Company Profile

TWC Enterprises Limited owns, operates, and manages golf clubs under the ClubLink One Membership More Golf brand in Canada and the United States. The company was formerly known as ClubLink Enterprises Limited and changed its name to TWC Enterprises Limited in May 2014. The company was incorporated in 1997 and is based in King City, Canada.