Jamieson Wellness Inc. (TSE:JWEL) Announces Quarterly Dividend of $0.21

Jamieson Wellness Inc. (TSE:JWEL) declared a quarterly dividend on Friday, March 7th, TickerTech Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.21 per share on Friday, March 14th. This represents a $0.84 annualized dividend and a dividend yield of 2.91%. The ex-dividend date of this dividend is Friday, March 7th.

Jamieson Wellness Price Performance

Shares of TSE JWEL traded up C$0.14 during mid-day trading on Wednesday, hitting C$28.89. 27,983 shares of the stock traded hands, compared to its average volume of 80,229. Jamieson Wellness has a twelve month low of C$23.98 and a twelve month high of C$38.20. The firm has a 50 day simple moving average of C$33.87 and a two-hundred day simple moving average of C$34.25. The company has a debt-to-equity ratio of 75.70, a current ratio of 2.76 and a quick ratio of 1.08. The company has a market cap of C$1.21 billion, a PE ratio of 30.36 and a beta of 0.63.

Insider Activity

In other Jamieson Wellness news, Senior Officer Regan Stewart sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of C$37.52, for a total value of C$75,031.00. Insiders own 0.26% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on JWEL shares. BMO Capital Markets boosted their price target on Jamieson Wellness from C$42.00 to C$46.00 in a report on Thursday, December 19th. TD Securities boosted their target price on shares of Jamieson Wellness from C$40.00 to C$42.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Royal Bank of Canada raised their price target on shares of Jamieson Wellness from C$38.00 to C$41.00 and gave the company an “outperform” rating in a research note on Tuesday, February 25th. Finally, National Bankshares lifted their price target on shares of Jamieson Wellness from C$36.50 to C$42.00 in a report on Monday, November 25th.

About Jamieson Wellness

Jamieson Wellness Inc, together with its subsidiaries, develops, manufactures, distributes, markets, and sells of branded and customer branded health products for humans in Canada, the United States, China and internationally. It operates through two segments, Jamieson Brands and Strategic Partners. The Jamieson Brands segment manufactures, distributes, and markets branded natural health products including vitamins, minerals, and supplements.