Corby Spirit and Wine (TSE:CSW.A) Issues Earnings Results

Corby Spirit and Wine (TSE:CSW.A) posted its quarterly earnings results on Wednesday. The company reported C$0.46 EPS for the quarter, FiscalAI reports. The business had revenue of C$72.49 million during the quarter. Corby Spirit and Wine had a net margin of 10.41% and a return on equity of 13.22%.

Corby Spirit and Wine Stock Up 0.3%

Shares of CSW.A opened at C$15.96 on Thursday. The firm has a market cap of C$454.37 million, a P/E ratio of 13.64 and a beta of -0.13. Corby Spirit and Wine has a 12 month low of C$13.57 and a 12 month high of C$16.83. The stock’s 50 day moving average is C$15.49 and its two-hundred day moving average is C$15.19. The company has a current ratio of 2.34, a quick ratio of 1.77 and a debt-to-equity ratio of 77.55.

Corby Spirit and Wine Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 25th were issued a dividend of $0.25 per share. This is a positive change from Corby Spirit and Wine’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Friday, September 11th. This represents a $1.00 annualized dividend and a dividend yield of 6.3%. Corby Spirit and Wine’s payout ratio is presently 80.34%.

About Corby Spirit and Wine

Corby Spirit and Wine Limited (‘Corby’) is a leading Canadian manufacturer, marketer and distributor of spirits, wines and ready-to-drink beverages. Corby’s portfolio of owned-brands includes some of the most renowned brands in Canada, including J.P. Wiser’s, Lot 40, and Pike Creek Canadian whiskies, Polar Ice vodka, Lamb’s rum, and McGuinness liqueurs, Cottage Springs and Nude ready-to-drink beverages, as well as Ungava gin, Cabot Trail maple-based liqueurs, and Foreign Affair wines. Pernod Ricard S.A. indirectly owns in excess of 50% of Corby’s issued and outstanding voting common shares and is considered to be Corby’s ultimate parent.