Vicwest (VIC) Announces Quarterly Dividend of $0.15
Vicwest (TSE:VIC) announced a quarterly dividend on Wednesday, March 6th. Shareholders of record on Friday, March 29th will be paid a dividend of $0.15 per share on Monday, April 15th. This represents a $0.60 annualized dividend and a dividend yield of 4.32%.
On a related note, analysts at CIBC reiterated an “outperform” rating on shares of Vicwest in a research note to investors on Wednesday, February 20th. They now have a $16.00 price target on the stock.
Vicwest (VIC) traded down 0.72% on Wednesday, hitting $13.80. Vicwest (VIC) has a 1-year low of $8.50 and a 1-year high of $14.15. The stock’s 50-day moving average is currently $13.61. The company has a price-to-earnings ratio of 25.27.
Vicwest Inc., formerly Vicwest Income Fund, is manufacturer and distributor of building construction products, and steel containment products for agricultural grain, fertilizer and liquid storage through two divisions: Vicwest Building Products (Vicwest BP) and Westeel Storage Solutions (Westeel).
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