Spin Master Corp. (TSE:TOY) Declares $0.12 Quarterly Dividend

Spin Master Corp. (TSE:TOY) announced a quarterly dividend on Friday, March 28th, TickerTech Dividends reports. Shareholders of record on Friday, April 11th will be given a dividend of 0.12 per share on Friday, April 11th. This represents a $0.48 annualized dividend and a yield of 1.87%. The ex-dividend date is Friday, March 28th.

Spin Master Trading Down 0.2 %

TSE TOY opened at C$25.63 on Wednesday. The company has a market capitalization of C$1.88 billion, a price-to-earnings ratio of 60.66, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. The company has a debt-to-equity ratio of 39.61, a current ratio of 1.14 and a quick ratio of 2.06. Spin Master has a 12 month low of C$25.00 and a 12 month high of C$35.44. The company’s fifty day moving average price is C$29.01 and its two-hundred day moving average price is C$31.01.

Analyst Ratings Changes

TOY has been the topic of several research analyst reports. Canaccord Genuity Group reduced their price target on shares of Spin Master from C$44.00 to C$35.00 and set a “buy” rating on the stock in a research report on Wednesday, February 26th. Royal Bank of Canada decreased their target price on Spin Master from C$43.00 to C$41.00 and set an “outperform” rating for the company in a research report on Wednesday, February 26th. TD Securities dropped their price target on Spin Master from C$46.00 to C$37.00 and set a “buy” rating on the stock in a research report on Wednesday, February 26th. National Bankshares decreased their price objective on shares of Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating for the company in a report on Wednesday, February 26th. Finally, Stifel Nicolaus dropped their target price on shares of Spin Master from C$45.00 to C$40.00 and set a “buy” rating on the stock in a report on Wednesday, February 26th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$37.75.

Insider Activity at Spin Master

In other Spin Master news, Senior Officer Jennifer Susan Dodge sold 1,259 shares of the business’s stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of C$25.34, for a total transaction of C$31,898.15. 2.20% of the stock is owned by insiders.

About Spin Master

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.