Dorel Industries Inc. (TSE:DII) – Equities researchers at National Bank Financial cut their Q3 2017 earnings estimates for Dorel Industries in a report issued on Tuesday. National Bank Financial analyst L. Aghazarian now forecasts that the company will earn $0.88 per share for the quarter, down from their previous estimate of $1.00. National Bank Financial currently has a “Sector Perform Overweight” rating on the stock. National Bank Financial also issued estimates for Dorel Industries’ Q4 2017 earnings at $0.52 EPS, FY2017 earnings at $2.76 EPS and FY2018 earnings at $3.09 EPS.

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The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 18th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of Infinity. The ex-dividend date is Wednesday, August 16th.

About Dorel Industries

Dorel Industries Inc is a Canada-based global consumer products company which designs, manufactures and distributes a portfolio of product brands. The Company markets its products in the United States, Europe, Latin America, Canada, and Asia. The Company operates through three segments: Dorel Juvenile, Dorel Sports and Dorel Home Furnishings.

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