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

Pollard Banknote Limited (TSE:PBL) announced a quarterly dividend on Monday, March 10th, RTT News reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.05 per share on Tuesday, April 22nd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.80%.

Pollard Banknote Price Performance

Shares of PBL opened at C$24.85 on Tuesday. The company has a current ratio of 1.87, a quick ratio of 1.01 and a debt-to-equity ratio of 51.70. The company’s fifty day simple moving average is C$26.53 and its 200 day simple moving average is C$25.37. The company has a market cap of C$685.46 million, a price-to-earnings ratio of 14.25 and a beta of 0.63. Pollard Banknote has a 1-year low of C$17.95 and a 1-year high of C$37.50.

Analysts Set New Price Targets

Several research firms recently issued reports on PBL. Raymond James boosted their price target on Pollard Banknote from C$44.00 to C$46.00 in a research note on Friday, November 15th. Cormark increased their price target on Pollard Banknote from C$33.00 to C$42.00 in a research report on Wednesday, November 20th.

About Pollard Banknote

Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries and charitable gaming and eGaming systems. It provides instant tickets and lottery services including licensed products, distribution, SureTrack lottery management system, retail telephone selling, marketing, iLottery, digital products, Social InstantsTM, retail management services, and instant ticket vending machines.