MTY Food Group Inc. Plans Quarterly Dividend of $0.33 (TSE:MTY)

MTY Food Group Inc. (TSE:MTY) announced a quarterly dividend on Thursday, May 1st, TickerTech Dividends reports. Investors of record on Thursday, May 15th will be paid a dividend of 0.33 per share on Thursday, May 15th. This represents a $1.32 annualized dividend and a yield of 3.10%. The ex-dividend date is Thursday, May 1st.

MTY Food Group Trading Up 0.8 %

MTY opened at C$42.52 on Tuesday. The firm has a market capitalization of C$991.45 million, a price-to-earnings ratio of 10.62, a price-to-earnings-growth ratio of 0.75 and a beta of 1.95. The company’s 50 day simple moving average is C$41.69 and its two-hundred day simple moving average is C$45.25. MTY Food Group has a 1-year low of C$36.79 and a 1-year high of C$53.16. The company has a debt-to-equity ratio of 142.67, a current ratio of 0.61 and a quick ratio of 0.57.

Analysts Set New Price Targets

Separately, Raymond James reduced their price target on MTY Food Group from C$55.00 to C$50.00 in a report on Monday, April 14th.

About MTY Food Group

MTY Food Group Inc operates and franchises quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. It also sells retail products under a multitude of banners. The company was formerly known as iNsu Innovations Group Inc and changed its name to MTY Food Group Inc in July 2003.