Metro Inc. (MRU) to Issue Quarterly Dividend of $0.37 on November 11th

Metro Inc. (TSE:MRU) declared a quarterly dividend on Monday, September 29th, RTT News reports. Stockholders of record on Thursday, October 23rd will be paid a dividend of 0.37 per share on Tuesday, November 11th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%.

Metro Trading Up 0.1%

Shares of Metro stock opened at C$93.47 on Wednesday. Metro has a 52-week low of C$81.01 and a 52-week high of C$109.20. The company has a quick ratio of 0.41, a current ratio of 1.35 and a debt-to-equity ratio of 62.29. The company’s 50-day simple moving average is C$99.36 and its 200-day simple moving average is C$101.67. The firm has a market cap of C$20.33 billion, a price-to-earnings ratio of 20.28, a price-to-earnings-growth ratio of 4.06 and a beta of 0.28.

Metro Company Profile

Metro is one of the largest grocery retailers in Canada. With its 2018 acquisition of Jean Coutu, it also boasts a meaningful drugstore footprint. Noteworthy grocery banners include Metro, Metro Plus, Super C, and Food Basics, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks.