Jamieson Wellness Inc. (TSE:JWEL) Announces $0.23 Quarterly Dividend

Jamieson Wellness Inc. (TSE:JWEL) announced a quarterly dividend on Monday, June 1st, TickerTech Dividends reports. Investors of record on Monday, June 15th will be given a dividend of 0.23 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Monday, June 1st.

Jamieson Wellness Stock Up 0.6%

JWEL stock opened at C$35.41 on Friday. The company has a quick ratio of 1.08, a current ratio of 3.58 and a debt-to-equity ratio of 96.64. Jamieson Wellness has a fifty-two week low of C$32.54 and a fifty-two week high of C$39.30. The firm’s 50-day simple moving average is C$34.31 and its 200 day simple moving average is C$34.77. The stock has a market cap of C$1.47 billion, a PE ratio of 20.47 and a beta of 1.54.

Jamieson Wellness (TSE:JWEL) last released its quarterly earnings data on Thursday, May 7th. The company reported C$0.17 earnings per share for the quarter. Jamieson Wellness had a net margin of 8.71% and a return on equity of 15.25%. The business had revenue of C$169.75 million for the quarter. As a group, sell-side analysts predict that Jamieson Wellness will post 2.1438892 EPS for the current year.

About Jamieson Wellness

Jamieson Wellness Inc is engaged in the manufacturing, distributing, and marketing of branded natural health products, including vitamins, minerals, and supplements. The company operates in two segments: The Jamieson brands and The Strategic Partners. The majority of its revenue comes from the Jamieson brand segment. Some of its brands are Jamieson, Progressive, Precision, and Iron Vegan. Geographically, most of its revenue is derived from the domestic market.