Richelieu Hardware Ltd. (TSE:RCH) to Issue Quarterly Dividend of $0.16

Richelieu Hardware Ltd. (TSE:RCH) announced a quarterly dividend on Thursday, October 22nd. Investors of record on Thursday, November 5th will be given a dividend of $0.1566 per share on Thursday, November 5th. This represents a $0.63 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Thursday, October 22nd.

Richelieu Hardware Price Performance

TSE:RCH opened at C$37.66 on Tuesday. The stock has a 50 day moving average of C$36.02 and a two-hundred day moving average of C$37.69. Richelieu Hardware has a 12 month low of C$33.91 and a 12 month high of C$45.03. The firm has a market cap of C$2.07 billion, a P/E ratio of 22.42, a price-to-earnings-growth ratio of 0.77 and a beta of 0.84. The company has a current ratio of 3.23, a quick ratio of 0.71 and a debt-to-equity ratio of 34.76.

Richelieu Hardware (TSE:RCH) last released its earnings results on Thursday, October 8th. The company reported C$0.53 earnings per share for the quarter. Richelieu Hardware had a return on equity of 9.49% and a net margin of 4.47%. The business had revenue of C$562.00 million for the quarter.

Richelieu Hardware Company Profile

Richelieu Hardware Ltd is a Canada-based company that imports, manufactures, and distributes specialty hardware and complementary products. Headquartered in Montreal, the company operates across Canada and the eastern and midwestern regions of the United States. The majority of the company’s sales are derived from its operations in Canada. Richelieu’s products include furniture, glass, decorative, window, and door hardware, lighting systems, and kitchen and closet storage. The firm primarily serves home furnishing manufacturers, residential and commercial woodworkers, hardware retailers, and renovation superstores.