Wajax Corp (TSE:WJX) announced a quarterly dividend on Monday, March 5th, Zacks reports. Stockholders of record on Thursday, March 15th will be given a dividend of 0.25 per share on Wednesday, April 4th. This represents a $1.00 annualized dividend and a dividend yield of 3.90%. The ex-dividend date is Wednesday, March 14th.
Wajax (WJX) traded up C$0.23 during midday trading on Tuesday, hitting C$25.63. The stock had a trading volume of 32,289 shares, compared to its average volume of 23,418. The company has a market capitalization of $508.68, a P/E ratio of 16.08 and a beta of 0.74. Wajax has a 52-week low of C$18.49 and a 52-week high of C$26.01.
Several equities research analysts recently issued reports on the company. TD Securities upped their price target on Wajax from C$30.00 to C$32.00 and gave the stock a “buy” rating in a report on Wednesday, March 7th. Scotiabank upped their price target on Wajax from C$29.00 to C$32.00 and gave the stock an “outperform” rating in a report on Wednesday, March 7th. Finally, Raymond James Financial upped their price target on Wajax from C$25.00 to C$28.50 and gave the stock a “market perform” rating in a report on Wednesday, March 7th.
Wajax Company Profile
Wajax Corp is a Canada-based distributor engaged in the sale and service support of mobile equipment, power systems and industrial components. The Company’s Equipment business is engaged in distribution, rental, modification and servicing of mobile equipment from manufacturers. Its Power Systems business is engaged in distribution, sales, service of heavy-duty engines, transmissions, and power generation product sales, service, and rentals across Canada.
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