Jamieson Wellness Inc. (JWEL) To Go Ex-Dividend on August 31st

Jamieson Wellness Inc. (TSE:JWELGet Free Report) declared a quarterly dividend on Monday, August 31st, TickerTech Dividends reports. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.25 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Monday, August 31st. This is a 8.7% increase from Jamieson Wellness’s previous quarterly dividend of $0.23.

Jamieson Wellness Stock Down 0.3%

JWEL stock opened at C$45.55 on Friday. The company has a current ratio of 3.41, a quick ratio of 1.08 and a debt-to-equity ratio of 93.69. The business’s 50 day simple moving average is C$42.55 and its 200 day simple moving average is C$37.82. Jamieson Wellness has a 1-year low of C$32.54 and a 1-year high of C$45.76. The firm has a market capitalization of C$1.89 billion, a PE ratio of 24.89 and a beta of 1.48.

Jamieson Wellness (TSE:JWELGet Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported C$0.46 earnings per share (EPS) for the quarter. Jamieson Wellness had a net margin of 8.92% and a return on equity of 15.93%. The firm had revenue of C$233.84 million during the quarter. As a group, research analysts anticipate that Jamieson Wellness will post 2.1438892 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on JWEL shares. Royal Bank Of Canada cut Jamieson Wellness from an “outperform” rating to a “sector perform” rating and lowered their price target for the stock from C$46.00 to C$45.75 in a report on Monday, August 10th. Canadian Imperial Bank of Commerce lowered shares of Jamieson Wellness from an “outperformer” rating to a “tender” rating and raised their target price for the company from C$44.00 to C$45.75 in a research report on Friday, August 7th. Canaccord Genuity Group cut Jamieson Wellness from a “buy” rating to a “hold” rating and increased their price target for the company from C$44.50 to C$45.75 in a research note on Monday, August 10th. Stifel Nicolaus downgraded Jamieson Wellness from a “buy” rating to a “hold” rating and increased their target price for the company from C$45.00 to C$45.75 in a research report on Friday, August 7th. Finally, TD downgraded Jamieson Wellness from a “buy” rating to a “hold” rating and upped their price objective for the company from C$48.00 to C$49.00 in a research note on Monday, August 10th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Jamieson Wellness currently has an average rating of “Hold” and an average price target of C$46.43.

Get Our Latest Stock Analysis on Jamieson Wellness

Jamieson Wellness Company Profile

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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.

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Dividend History for Jamieson Wellness (TSE:JWEL)

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