Corby Spirit and Wine Ltd (TSE:CSW.A) to Issue Dividend Increase – $0.25 Per Share

Corby Spirit and Wine Ltd (TSE:CSW.A) declared a quarterly dividend on Friday, September 11th. Investors of record on Friday, September 25th will be paid a dividend of 0.25 per share on Friday, September 25th. This represents a c) annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend is Friday, September 11th. This is a 4.2% increase from Corby Spirit and Wine’s previous quarterly dividend of $0.24.

Corby Spirit and Wine Trading Down 1.2%

TSE:CSW.A opened at C$15.50 on Wednesday. Corby Spirit and Wine has a 12 month low of C$13.35 and a 12 month high of C$16.83. The company has a current ratio of 2.34, a quick ratio of 1.77 and a debt-to-equity ratio of 77.55. The stock has a market capitalization of C$441.27 million, a price-to-earnings ratio of 13.25 and a beta of 0.11. The firm has a fifty day simple moving average of C$15.85 and a two-hundred day simple moving average of C$15.21.

Corby Spirit and Wine Company Profile

Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer and importer of spirits and wines. The company derives its revenues from the sale of its owned-brands in Canada and other international markets, as well as earning commissions from the representation of selected non-owned brands in the Canadian marketplace. The company also supplements these primary sources of revenue with other ancillary activities incidental to its core business, such as logistics fees. The company has two reportable segments: Case Goods and Commissions.