DHX Media Ltd. (DHX) Reaches New 1-Year Low at $4.68

DHX Media Ltd. (TSE:DHX) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$4.68 and last traded at C$4.70, with a volume of shares.

Several brokerages have issued reports on DHX. Clarus Securities reiterated a “speculative buy” rating on shares of DHX Media in a report on Friday, September 29th. National Bank Financial lowered DHX Media from an “outperform market weight” rating to a “sector perform market weight” rating in a report on Thursday, September 28th.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 25th. Investors of record on Friday, October 13th will be given a $0.02 dividend. The ex-dividend date is Thursday, October 12th. This is a boost from DHX Media’s previous quarterly dividend of $0.01. This represents a $0.08 annualized dividend and a yield of 0.91%.

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About DHX Media

DHX Media Ltd. (DHX) is a Canada-based company engaged in the supply and distribution of television and film productions. The Company creates, produces and licenses of family entertainment rights. DHX owns, markets and distributes over 8,500 half hours of children’s entertainment content, and exploits owned properties through its consumer products licensing business.

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