Pollard Banknote Limited (TSE:PBL) Announces $0.05 Quarterly Dividend

Pollard Banknote Limited (TSE:PBL) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.05 per share on Tuesday, April 15th. This represents a $0.20 annualized dividend and a yield of 0.98%. The ex-dividend date of this dividend is Monday, March 31st.

Pollard Banknote Price Performance

PBL traded up C$0.28 during trading on Friday, hitting C$20.40. The company’s stock had a trading volume of 7,591 shares, compared to its average volume of 15,183. The firm has a market capitalization of C$562.71 million, a price-to-earnings ratio of 11.70 and a beta of 0.63. Pollard Banknote has a twelve month low of C$17.95 and a twelve month high of C$37.50. The business’s fifty day simple moving average is C$25.33 and its 200 day simple moving average is C$25.01. The company has a current ratio of 1.87, a quick ratio of 1.01 and a debt-to-equity ratio of 51.70.

Wall Street Analyst Weigh In

A number of research firms have commented on PBL. Cormark decreased their price target on Pollard Banknote from C$42.00 to C$37.00 in a research note on Thursday. Raymond James dropped their price target on shares of Pollard Banknote from C$46.00 to C$39.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 11th.

Pollard Banknote Company Profile

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.