Cervus Equipment (CVL) Declares Quarterly Dividend of $0.19
Cervus Equipment (TSE:CVL) declared a quarterly dividend on Friday, March 15th. Shareholders of record on Thursday, March 28th will be given a dividend of $0.19 per share on Monday, April 15th. This represents a $0.77 dividend on an annualized basis and a yield of 3.82%.
Several analysts have also recently commented on the stock. Analysts at National Bank Financial raised their price target on shares of Cervus Equipment from $20.50 to $21.00 in a research note to investors on Friday. On the ratings front, analysts at National Bank of Greece raised their price target on shares of Cervus Equipment from $20.50 to $21.00 in a research note to investors on Friday. Finally, analysts at Raymond James reiterated an “outperform” rating on shares of Cervus Equipment in a research note to investors on Tuesday, February 12th. They now have a $21.50 price target on the stock.
Cervus Equipment (TSE: CVL) traded down 0.94% on Friday, hitting $20.01. Cervus Equipment has a one year low of $16.90 and a one year high of $21.39. The stock’s 50-day moving average is currently $19.. The company has a price-to-earnings ratio of 13.65.
Cervus Equipment Corporation (Cervus) is a diversified company operating in two segments: agricultural equipment, and construction and industrial equipment.
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