Urbana Corp (TSE:URB) Declares Dividend Increase – $0.08 Per Share
Urbana Corp (TSE:URB) announced an annual dividend on Monday, January 6th, Zacks reports. Shareholders of record on Friday, January 17th will be paid a dividend of 0.08 per share on Friday, January 31st. This represents a dividend yield of 2.76%. The ex-dividend date of this dividend is Thursday, January 16th. This is an increase from Urbana’s previous annual dividend of $0.07.
Shares of TSE:URB opened at C$2.83 on Tuesday. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 6.81. Urbana has a 12-month low of C$2.22 and a 12-month high of C$2.95. The firm has a fifty day moving average of C$2.84 and a two-hundred day moving average of C$2.56. The firm has a market capitalization of $146.57 million and a P/E ratio of 6.54.
Urbana (TSE:URB) last released its quarterly earnings data on Wednesday, November 13th. The company reported C$0.31 earnings per share (EPS) for the quarter. The business had revenue of C$19.26 million during the quarter.
Urbana Corporation is an investment fund launched and managed by Caldwell Investment Management Ltd. For its equity investment the fund primarily invests in public equity markets of United States and Canada. The fund primarily focuses on U.S. financial companies and Canadian resource companies for equity investments.
Further Reading: What economic reports are most valuable to investors?
Receive News & Ratings for Urbana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Urbana and related companies with MarketBeat.com's FREE daily email newsletter.