ADENTRA Inc. (TSE:ADEN) Shares to Pay Quarterly Dividend of $0.16

ADENTRA Inc. (TSE:ADEN) declared a quarterly dividend on Monday, October 19th. Stockholders of record on Friday, October 30th will be paid a dividend of $0.16 per share on Friday, October 30th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, October 19th.

ADENTRA Trading Down 2.3%

Shares of ADEN traded down $0.80 during midday trading on Friday, hitting $34.12. 65,650 shares of the company’s stock traded hands, compared to its average volume of 51,470. ADENTRA has a 1 year low of $31.40 and a 1 year high of $41.20. The firm’s fifty day moving average is $36.01 and its 200-day moving average is $35.23. The stock has a market capitalization of $827.24 million, a price-to-earnings ratio of 12.59 and a beta of 1.50.

ADENTRA (TSE:ADEN) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.96 earnings per share for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.02). ADENTRA had a return on equity of 10.11% and a net margin of 2.98%. The business had revenue of $607.13 million during the quarter, compared to analyst estimates of $838.14 million. On average, equities research analysts anticipate that ADENTRA will post 4.71 EPS for the current year.

ADENTRA Company Profile

Adentra Inc is a distributor of architectural products to fabricators, home centers and professional dealers servicing the new residential, repair and remodel, and commercial construction end markets. The company operates a network in North America of 86 facilities in the United States and Canada.