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

Pollard Banknote Limited (TSE:PBL) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.05 per share on Tuesday, April 15th. This represents a $0.20 annualized dividend and a yield of 0.98%. The ex-dividend date is Monday, March 31st.

Pollard Banknote Trading Up 1.4 %

Shares of TSE:PBL traded up C$0.28 during trading on Friday, reaching C$20.40. The stock had a trading volume of 7,591 shares, compared to its average volume of 15,183. Pollard Banknote has a 52 week low of C$17.95 and a 52 week high of C$37.50. The company has a debt-to-equity ratio of 51.70, a quick ratio of 1.01 and a current ratio of 1.87. The firm’s fifty day moving average is C$25.33 and its 200 day moving average is C$25.01. The stock has a market cap of C$562.71 million, a price-to-earnings ratio of 11.70 and a beta of 0.63.

Wall Street Analyst Weigh In

PBL has been the topic of a number of research analyst reports. Cormark cut their price target on shares of Pollard Banknote from C$42.00 to C$37.00 in a research report on Thursday. Raymond James cut their target price on Pollard Banknote from C$46.00 to C$39.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 11th.

Pollard Banknote Company Profile

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.