Empire Company Limited (TSE:EMP.A) Shares Set to Pay Quarterly Dividend of $0.24

Empire Company Limited (TSE:EMP.A) declared a quarterly dividend on Thursday, October 15th. Stockholders of record on Friday, October 30th will be paid a dividend of $0.2425 per share on Friday, October 30th. This represents a $0.97 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Thursday, October 15th.

Empire Price Performance

Shares of TSE:EMP.A opened at C$48.85 on Tuesday. The firm has a market capitalization of C$10.93 billion, a P/E ratio of 49.34, a P/E/G ratio of 16.20 and a beta of -0.21. The company has a debt-to-equity ratio of 135.51, a quick ratio of 0.29 and a current ratio of 0.79. The stock has a 50 day moving average price of C$48.15 and a 200-day moving average price of C$48.58. Empire has a 52-week low of C$43.81 and a 52-week high of C$52.64.

Empire (TSE:EMP.A) last released its quarterly earnings results on Thursday, September 10th. The company reported C$1.04 earnings per share for the quarter. Empire had a return on equity of 12.94% and a net margin of 2.18%. The company had revenue of C$8.47 billion for the quarter. As a group, equities research analysts anticipate that Empire will post 2.96 EPS for the current fiscal year.

Empire Company Profile

Empire Company Limited (TSX: EMP.A) is a Canadian company headquartered in Stellarton, Nova Scotia. Empire’s key businesses are food retailing, through wholly-owned subsidiary Sobeys Inc, and related real estate. With approximately $32 billion in annual sales and $17 billion in assets, Empire and its subsidiaries, franchisees and affiliates employ approximately 130,000 people. Additional financial information relating to Empire, including the Company’s Annual Information Form, can be found on the Company’s website at www.empireco.ca or on SEDAR+ at www.sedarplus.ca.