Richelieu Hardware Ltd. (TSE:RCH) Plans Quarterly Dividend of $0.15

Richelieu Hardware Ltd. (TSE:RCH) announced a quarterly dividend on Thursday, April 24th, TickerTech Dividends reports. Stockholders of record on Thursday, May 8th will be given a dividend of 0.1533 per share on Thursday, May 8th. This represents a $0.61 annualized dividend and a dividend yield of 1.88%. The ex-dividend date of this dividend is Thursday, April 24th.

Richelieu Hardware Trading Down 0.1 %

Shares of RCH opened at C$32.58 on Tuesday. The firm has a market cap of C$1.81 billion, a P/E ratio of 20.28, a price-to-earnings-growth ratio of 0.77 and a beta of 0.94. The company has a debt-to-equity ratio of 26.37, a quick ratio of 0.72 and a current ratio of 3.46. The business has a 50-day moving average of C$34.78 and a 200 day moving average of C$37.67. Richelieu Hardware has a fifty-two week low of C$31.95 and a fifty-two week high of C$43.20.

Wall Street Analyst Weigh In

Separately, CIBC boosted their price objective on Richelieu Hardware from C$32.00 to C$38.00 in a research report on Monday, April 14th.

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.