Pollard Banknote Limited (TSE:PBL) to Issue Quarterly Dividend of $0.05

Pollard Banknote Limited (TSE:PBL) announced a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Shareholders of record on Tuesday, April 15th will be paid 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 of this dividend is Monday, March 31st.

Pollard Banknote Trading Up 1.4 %

PBL stock traded up C$0.28 during midday trading on Friday, reaching C$20.40. 7,591 shares of the company’s stock traded hands, compared to its average volume of 15,183. The company has a debt-to-equity ratio of 51.70, a current ratio of 1.87 and a quick ratio of 1.01. Pollard Banknote has a fifty-two week low of C$17.95 and a fifty-two week high of C$37.50. The business has a 50-day moving average price of C$25.33 and a two-hundred day moving average price of C$25.01. The company has a market capitalization of C$562.71 million, a P/E ratio of 11.70 and a beta of 0.63.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on PBL. Cormark decreased their target price on shares of Pollard Banknote from C$42.00 to C$37.00 in a research note on Thursday. Raymond James decreased their price objective on shares of Pollard Banknote from C$46.00 to C$39.00 and set an “outperform” rating for the company in a research report on Tuesday, March 11th.

About Pollard Banknote

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.