Pure Technologies Ltd. (PUR) to Issue Quarterly Dividend of $0.03 on September 29th
Pure Technologies Ltd. (TSE:PUR) declared a quarterly dividend on Friday, September 1st, Zacks reports. Stockholders of record on Friday, September 15th will be given a dividend of 0.03 per share on Friday, September 29th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date is Thursday, September 14th.
Pure Technologies (TSE PUR) traded up 0.96% during trading on Wednesday, hitting $5.27. The stock had a trading volume of 6,100 shares. Pure Technologies has a 12-month low of $3.90 and a 12-month high of $6.13. The company has a market capitalization of $288.24 million and a price-to-earnings ratio of 66.71. The stock has a 50 day moving average price of $5.21 and a 200 day moving average price of $4.97.
Separately, National Bank Financial upped their target price on shares of Pure Technologies from C$6.00 to C$6.50 and gave the company an “outperform” rating in a report on Friday, August 18th.
In other news, insider Robert Budianto sold 10,000 shares of the company’s stock in a transaction dated Friday, September 8th. The shares were sold at an average price of C$5.50, for a total value of C$55,000.00.
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