Pollard Banknote Limited (TSE:PBL) Declares Quarterly Dividend of $0.05

Pollard Banknote Limited (TSE:PBL) announced a quarterly dividend on Tuesday, December 31st,TickerTech Dividends reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.05 per share on Wednesday, January 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend is Tuesday, December 31st.

Pollard Banknote Price Performance

Shares of TSE PBL opened at C$24.00 on Thursday. The company has a debt-to-equity ratio of 45.40, a current ratio of 1.78 and a quick ratio of 1.01. Pollard Banknote has a 1 year low of C$17.95 and a 1 year high of C$37.75. The company’s 50-day moving average is C$24.37 and its 200 day moving average is C$25.44. The stock has a market capitalization of C$649.44 million, a P/E ratio of 17.27 and a beta of 0.63.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Cormark boosted their price target on Pollard Banknote from C$33.00 to C$42.00 in a research report on Wednesday, November 20th. Raymond James boosted their target price on shares of Pollard Banknote from C$44.00 to C$46.00 in a research note on Friday, November 15th.

Pollard Banknote Company Profile

Pollard Banknote Limited, together with its subsidiaries, manufactures and sells a range of lottery and charitable gaming products and solutions in the United States, Canada, and internationally. It operates through four segments: Lotteries, Charitable Gaming, eGaming systems, and Retail. The company designs, manufactures, and distributes instant tickets, as well as offers related services.