Pollard Banknote (TSE:PBL – Free Report) had its price objective hoisted by Canaccord Genuity Group from C$32.00 to C$36.00 in a research report report published on Tuesday morning, BayStreet.CA reports. They currently have a buy rating on the stock.
Several other equities research analysts have also weighed in on the company. Raymond James raised their price objective on Pollard Banknote from C$40.50 to C$44.00 in a research note on Thursday, August 15th. Cormark dropped their price target on Pollard Banknote from C$34.00 to C$33.00 in a research note on Thursday, August 15th. Finally, Acumen Capital reduced their price objective on shares of Pollard Banknote from C$47.00 to C$28.00 and set a buy rating for the company in a research note on Wednesday, August 7th.
Read Our Latest Analysis on Pollard Banknote
Pollard Banknote Trading Up 13.3 %
Pollard Banknote Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a $0.05 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.20 annualized dividend and a dividend yield of 0.80%. Pollard Banknote’s dividend payout ratio (DPR) is presently 14.39%.
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.
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