Pollard Banknote Limited (PBL) to Distribute Quarterly Dividend of $0.05 on April 22nd

Pollard Banknote Limited (TSE:PBL) announced a quarterly dividend on Monday, March 10th, RTT News reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.05 per share on Tuesday, April 22nd. This represents a $0.20 annualized dividend and a dividend yield of 0.92%.

Pollard Banknote Price Performance

Pollard Banknote stock opened at C$21.69 on Wednesday. Pollard Banknote has a one year low of C$17.95 and a one year high of C$37.50. The company has a debt-to-equity ratio of 51.70, a current ratio of 1.87 and a quick ratio of 1.01. The stock’s 50 day moving average is C$26.48 and its 200 day moving average is C$25.37. The firm has a market cap of C$598.29 million, a P/E ratio of 12.44 and a beta of 0.63.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on PBL shares. Cormark boosted their price target on Pollard Banknote from C$33.00 to C$42.00 in a research note on Wednesday, November 20th. Raymond James decreased their price objective on Pollard Banknote from C$46.00 to C$39.00 and set an “outperform” rating for the company in a report on Tuesday.

About Pollard Banknote

Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries and charitable gaming and eGaming systems. It provides instant tickets and lottery services including licensed products, distribution, SureTrack lottery management system, retail telephone selling, marketing, iLottery, digital products, Social InstantsTM, retail management services, and instant ticket vending machines.