Jamieson Wellness Inc. (TSE:JWEL) Raises Dividend to $0.25 Per Share

Jamieson Wellness Inc. (TSE:JWEL) declared a quarterly dividend on Monday, August 31st, TickerTech Dividends reports. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.25 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Monday, August 31st. This is a 8.7% increase from Jamieson Wellness’s previous quarterly dividend of $0.23.

Jamieson Wellness Stock Down 0.3%

JWEL stock opened at C$45.55 on Friday. The business’s 50-day moving average price is C$42.55 and its 200-day moving average price is C$37.82. The stock has a market cap of C$1.89 billion, a P/E ratio of 24.89 and a beta of 1.48. The company has a quick ratio of 1.08, a current ratio of 3.41 and a debt-to-equity ratio of 93.69. Jamieson Wellness has a twelve month low of C$32.54 and a twelve month high of C$45.76.

Jamieson Wellness (TSE:JWEL) last released its earnings results on Thursday, August 6th. The company reported C$0.46 EPS for the quarter. Jamieson Wellness had a net margin of 8.92% and a return on equity of 15.93%. The company had revenue of C$233.84 million for the quarter. On average, equities research analysts forecast that Jamieson Wellness will post 2.1438892 EPS for the current year.

About Jamieson Wellness

Jamieson Wellness Inc is engaged in the manufacturing, distributing, and marketing of branded natural health products, including vitamins, minerals, and supplements. The company operates in two segments: The Jamieson brands and The Strategic Partners. The majority of its revenue comes from the Jamieson brand segment. Some of its brands are Jamieson, Progressive, Precision, and Iron Vegan. Geographically, most of its revenue is derived from the domestic market.