Propel Holdings Inc. (TSE:PRL – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $30.45 and last traded at $30.10, with a volume of 107627 shares changing hands. The stock had previously closed at $28.29.
Analyst Ratings Changes
Separately, Scotiabank lifted their price objective on Propel from C$26.50 to C$28.00 in a report on Thursday, August 8th.
Check Out Our Latest Stock Report on PRL
Propel Stock Up 6.6 %
Propel Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Friday, August 16th were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date was Friday, August 16th. Propel’s payout ratio is 39.16%.
Propel Company Profile
Propel Holdings Inc operates as a financial technology company. The company's lending platform facilitates to credit products, such as installment loans and lines of credit under the MoneyKey, CreditFresh, and Fora Credit brands to American consumers. It also offers marketing, analytics, and loan servicing services.
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