Empire Company Limited (TSE:EMP.A – Get Free Report) declared a quarterly dividend on Wednesday, July 15th, TickerTech Dividends reports. Shareholders of record on Friday, July 31st will be given a dividend of 0.2425 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Wednesday, July 15th. This is a 10.2% increase from Empire’s previous quarterly dividend of $0.22.
Empire Price Performance
Shares of Empire stock opened at C$49.02 on Monday. The firm has a market cap of C$11.03 billion, a PE ratio of 57.00, a P/E/G ratio of 16.20 and a beta of -0.22. Empire has a twelve month low of C$43.81 and a twelve month high of C$58.32. The company has a quick ratio of 0.29, a current ratio of 0.79 and a debt-to-equity ratio of 135.51. The business has a 50-day moving average price of C$48.50 and a 200 day moving average price of C$48.16.
Empire (TSE:EMP.A – Get Free Report) last issued its quarterly earnings results on Thursday, June 18th. The company reported C$0.94 earnings per share (EPS) for the quarter. Empire had a return on equity of 12.94% and a net margin of 2.18%.The company had revenue of C$7.81 billion for the quarter. Sell-side analysts predict that Empire will post 2.9581227 earnings per share for the current fiscal year.
Empire Company Profile
Empire Co Ltd key businesses are food retailing, investments, and other operations. The food retailing division operates through Empire’s subsidiary Sobeys and represents nearly all of the company’s income. This segment owns, affiliates, or franchises more than 1,500 stores in 10 provinces, under retail banners including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Lawton’s Drug Stores, and multiple retail fuel locations. The company’s investment and other operations segment include the investment in Crombie REIT, which is an open-ended Canadian real estate investment trust, as well as the Genstar Development Partnership.
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