Loblaw Companies Limited (L) to Issue Quarterly Dividend of $0.14 on December 30th

Loblaw Companies Limited (TSE:L) declared a quarterly dividend on Monday, December 15th, TickerTech Dividends reports. Stockholders of record on Tuesday, December 30th will be paid a dividend of 0.1411 per share on Tuesday, December 30th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Monday, December 15th.

Loblaw Companies Stock Down 0.3%

TSE L traded down C$0.21 during trading on Friday, hitting C$61.21. 1,802,310 shares of the company traded hands, compared to its average volume of 1,500,664. Loblaw Companies has a 12 month low of C$43.32 and a 12 month high of C$63.43. The business has a fifty day simple moving average of C$58.92 and a 200 day simple moving average of C$127.17. The company has a market capitalization of C$72.30 billion, a P/E ratio of 29.89, a PEG ratio of 3.23 and a beta of 0.28. The company has a current ratio of 1.29, a quick ratio of 0.68 and a debt-to-equity ratio of 166.11.

About Loblaw Companies

Loblaw is one of Canada’s largest grocery, pharmacy, and general merchandise retailers, operating the most expansive store footprint in Ontario and maintaining sizable presences in provinces like Quebec and British Columbia. Key grocery banners include Loblaw, No Frills, and Maxi, while its pharmaceutical operations are the product of its 2014 acquisition of Shoppers Drug Mart.