Glacier Media Announces Quarterly Dividend of $0.02 (GVC)
Glacier Media (TSE:GVC) declared a quarterly dividend on Monday, January 28th. Shareholders of record on Friday, March 15th will be given a dividend of $0.02 per share on Friday, April 5th. This represents a $0.08 dividend on an annualized basis and a yield of 4.37%.
GVC has been the subject of a number of recent research reports. Analysts at Canaccord Genuity raised their price target on shares of Glacier Media from $0.65 to $1.25 in a research note to investors on Friday, January 11th. On the ratings front, analysts at RBC Capital cut their price target on shares of Glacier Media from $2.50 to $2.25 in a research note to investors on Thursday, November 15th. They now have an “outperform” rating on the stock.
Glacier Media (GVC) opened at 1.83 on Monday. Glacier Media (GVC) has a 1-year low of $1.59 and a 1-year high of $2.45. The stock’s 50-day moving average is currently $1.8. The company has a market cap of $163.5 million and a price-to-earnings ratio of 6.48.
Glacier Media Inc. (Glacier) is an information communications company focused on the provision of information and related services through print and digital media.
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