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

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

Richelieu Hardware Trading Down 0.1 %

Shares of RCH stock opened at C$32.58 on Tuesday. Richelieu Hardware has a 1 year low of C$31.95 and a 1 year high of C$43.20. The firm has a fifty day moving average price of C$34.78 and a 200-day moving average price of C$37.67. The company has a market cap of C$1.81 billion, a price-to-earnings ratio of 20.28, a PEG ratio of 0.77 and a beta of 0.94. The company has a debt-to-equity ratio of 26.37, a current ratio of 3.46 and a quick ratio of 0.72.

Analyst Ratings Changes

Separately, CIBC lifted 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.