Loblaw Companies Limited (TSE:L – Get Free Report) declared a quarterly dividend on Tuesday, September 15th. Shareholders of record on Thursday, October 1st will be given a dividend of 0.1552 per share on Thursday, October 1st. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 15th.
Loblaw Companies Stock Performance
Shares of TSE:L traded down C$0.18 during trading hours on Friday, hitting C$61.28. The stock had a trading volume of 917,216 shares, compared to its average volume of 1,336,503. The stock’s fifty day simple moving average is C$63.11 and its 200 day simple moving average is C$63.07. Loblaw Companies has a 1-year low of C$52.92 and a 1-year high of C$69.59. The firm has a market capitalization of C$70.82 billion, a price-to-earnings ratio of 25.97, a PEG ratio of 3.23 and a beta of 0.06. The company has a debt-to-equity ratio of 151.15, a quick ratio of 0.68 and a current ratio of 1.06.
Loblaw Companies (TSE:L – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported C$0.66 earnings per share for the quarter. The company had revenue of C$15.05 billion for the quarter. Loblaw Companies had a return on equity of 25.25% and a net margin of 4.32%. Sell-side analysts anticipate that Loblaw Companies will post 9.1225541 earnings per share for the current fiscal year.
Loblaw Companies Company Profile
Loblaw is Canada’s food and pharmacy leader, and the nation’s largest retailer. Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise, financial services and wireless mobile products and services. With more than 2,800 corporate franchised and Associate-owned locations, Loblaw, its franchisees and Associate-owners employ more than 220,000 full- and part-time employees, making it one of Canada’s largest private sector employers. Loblaw’s purpose – Live Life Well® – puts first the needs and well-being of Canadians who make one billion transactions annually in the company’s stores.
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