Jamieson Wellness Inc. (TSE:JWEL) to Issue $0.21 Quarterly Dividend

Jamieson Wellness Inc. (TSE:JWEL) announced a quarterly dividend on Friday, March 7th, TickerTech Dividends reports. Investors 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 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date is Friday, March 7th.

Jamieson Wellness Stock Performance

Shares of TSE:JWEL traded down C$0.06 during trading on Wednesday, hitting C$28.69. 4,943 shares of the company traded hands, compared to its average volume of 79,949. The company has a quick ratio of 1.08, a current ratio of 2.76 and a debt-to-equity ratio of 75.70. The business’s fifty day moving average is C$33.87 and its 200-day moving average is C$34.25. The stock has a market capitalization of C$1.20 billion, a price-to-earnings ratio of 30.15 and a beta of 0.63. Jamieson Wellness has a one year low of C$23.98 and a one year high of C$38.20.

Analyst Ratings Changes

JWEL has been the topic of a number of research analyst reports. TD Securities raised their price target on Jamieson Wellness from C$40.00 to C$42.00 and gave the company a “buy” rating in a report on Friday, November 8th. National Bankshares raised their target price on shares of Jamieson Wellness from C$36.50 to C$42.00 in a research note on Monday, November 25th. Royal Bank of Canada upped their price target on shares of Jamieson Wellness from C$38.00 to C$41.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 25th. Finally, BMO Capital Markets increased their price objective on shares of Jamieson Wellness from C$42.00 to C$46.00 in a report on Thursday, December 19th.

Insiders Place Their Bets

In other news, Senior Officer Regan Stewart sold 2,000 shares of the stock in a transaction 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. Corporate insiders own 0.26% of the company’s stock.

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.