K-Bro Linen Inc. (TSE:KBL – Get Free Report) declared a monthly dividend on Monday, April 15th, Zacks reports. Stockholders of record on Tuesday, April 30th will be given a dividend of 0.10 per share on Wednesday, May 15th. This represents a $1.20 annualized dividend and a dividend yield of 3.38%. The ex-dividend date of this dividend is Monday, April 29th.
K-Bro Linen Stock Up 1.9 %
Shares of K-Bro Linen stock opened at C$35.50 on Wednesday. The business’s 50 day simple moving average is C$34.35 and its 200 day simple moving average is C$33.62. K-Bro Linen has a 52-week low of C$27.60 and a 52-week high of C$37.04. The firm has a market cap of C$375.59 million, a PE ratio of 21.65, a P/E/G ratio of 3.50 and a beta of 1.11. The company has a debt-to-equity ratio of 70.83, a quick ratio of 0.87 and a current ratio of 1.73.
K-Bro Linen (TSE:KBL – Get Free Report) last announced its earnings results on Thursday, March 21st. The company reported C$0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.61 by C($0.21). K-Bro Linen had a net margin of 5.49% and a return on equity of 10.03%. The firm had revenue of C$82.46 million during the quarter, compared to analyst estimates of C$80.10 million. On average, analysts predict that K-Bro Linen will post 2.0010983 earnings per share for the current fiscal year.
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K-Bro Linen Company Profile
K-Bro Linen Inc, together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, tablecloths, and drapes and other linens.
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