Andlauer Healthcare Group Inc. (TSE:AND) Plans Dividend Increase – $0.12 Per Share

Andlauer Healthcare Group Inc. (TSE:AND) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.12 per share on Tuesday, April 15th. This represents a $0.48 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend is Monday, March 31st. This is a 9.1% increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.11.

Andlauer Healthcare Group Price Performance

AND stock traded down C$0.43 during trading on Friday, hitting C$39.82. The company had a trading volume of 35,088 shares, compared to its average volume of 32,951. Andlauer Healthcare Group has a fifty-two week low of C$36.43 and a fifty-two week high of C$48.00. The company has a current ratio of 1.44, a quick ratio of 1.66 and a debt-to-equity ratio of 39.31. The firm has a market capitalization of C$1.59 billion, a price-to-earnings ratio of 23.98 and a beta of 0.66. The business has a 50 day moving average of C$42.93 and a 200 day moving average of C$42.00.

Wall Street Analyst Weigh In

AND has been the topic of a number of analyst reports. TD Securities dropped their price target on Andlauer Healthcare Group from C$54.00 to C$53.00 and set a “buy” rating on the stock in a research note on Friday, February 28th. Stifel Nicolaus boosted their price objective on shares of Andlauer Healthcare Group from C$50.00 to C$52.00 in a research note on Monday, February 24th. Finally, National Bankshares lifted their price target on Andlauer Healthcare Group from C$45.00 to C$49.00 and gave the stock a “sector perform” rating in a research report on Tuesday, February 11th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Andlauer Healthcare Group presently has an average rating of “Moderate Buy” and a consensus price target of C$48.71.

Andlauer Healthcare Group Company Profile

Andlauer Healthcare Group Inc, a supply chain management company, provides a platform of customized third-party logistics (3PL) and specialized transportation solutions for the healthcare sector in Canada and the United States. The company operates in two segments, Specialized Transportation and Healthcare Logistics.