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) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 15th.
Loblaw Companies Stock Down 0.3%
Shares of L traded down C$0.18 on Friday, reaching C$61.28. The stock had a trading volume of 917,216 shares, compared to its average volume of 1,336,503. The company has a 50-day simple moving average of C$63.11 and a 200-day simple moving average of C$63.07. The company has a debt-to-equity ratio of 151.15, a quick ratio of 0.68 and a current ratio of 1.06. The firm has a market capitalization of C$70.82 billion, a price-to-earnings ratio of 25.97, a price-to-earnings-growth ratio of 3.23 and a beta of 0.06. Loblaw Companies has a 12-month low of C$52.92 and a 12-month high of C$69.59.
Loblaw Companies (TSE:L – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported C$0.66 earnings per share for the quarter. The firm had revenue of C$15.05 billion for the quarter. Loblaw Companies had a net margin of 4.32% and a return on equity of 25.25%. Sell-side analysts predict that Loblaw Companies will post 9.1225541 EPS for the current year.
About Loblaw Companies
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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