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

Pollard Banknote Limited (TSE:PBL) declared a quarterly dividend on Tuesday, December 31st,TickerTech Dividends reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.05 per share on Wednesday, January 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend is Tuesday, December 31st.

Pollard Banknote Stock Performance

TSE PBL opened at C$23.00 on Tuesday. The company has a debt-to-equity ratio of 45.40, a quick ratio of 1.01 and a current ratio of 1.78. The company has a market capitalization of C$622.38 million, a PE ratio of 16.55 and a beta of 0.63. Pollard Banknote has a 52-week low of C$17.95 and a 52-week high of C$37.75. The company has a 50-day simple moving average of C$24.39 and a 200 day simple moving average of C$25.55.

Analysts Set New Price Targets

Several analysts have issued reports on PBL shares. Cormark boosted their target price on Pollard Banknote from C$33.00 to C$42.00 in a research note on Wednesday, November 20th. Raymond James raised their price objective on shares of Pollard Banknote from C$44.00 to C$46.00 in a report on Friday, November 15th.

Pollard Banknote Company Profile

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.