StorageVault Canada Inc. (TSE:SVI) Declares Dividend Increase – $0.29 Per Share

StorageVault Canada Inc. (TSE:SVI) declared a quarterly dividend on Monday, June 17th, Zacks reports. Stockholders of record on Friday, June 28th will be paid a dividend of 0.29 per share on Monday, July 15th. This represents a $1.16 annualized dividend and a dividend yield of 24.73%. The ex-dividend date of this dividend is Friday, June 28th. This is a boost from StorageVault Canada’s previous quarterly dividend of $0.003.

StorageVault Canada Stock Up 0.9 %

SVI stock opened at C$4.69 on Tuesday. The stock has a 50-day simple moving average of C$4.79 and a two-hundred day simple moving average of C$5.07. StorageVault Canada has a twelve month low of C$3.83 and a twelve month high of C$5.97. The firm has a market capitalization of C$1.76 billion, a PE ratio of -228.00 and a beta of 0.88.

StorageVault Canada (TSE:SVI) last posted its earnings results on Wednesday, April 24th. The company reported C($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.04 by C($0.06). The firm had revenue of C$71.39 million during the quarter. StorageVault Canada had a negative return on equity of 3.50% and a negative net margin of 2.31%.

About StorageVault Canada

StorageVault Canada Inc owns, manages, and rents self-storage and portable storage space to individual and commercial customers in Canada. It operates through three segments: Self Storage, Portable Storage, and Management Division. The company manages various stores owned by third parties; and stores, shreds, and manages documents and records for customers.