Metro Inc. (TSE:MRU) Declares $0.41 Quarterly Dividend

Metro Inc. (TSE:MRU) announced a quarterly dividend on Thursday, September 3rd. Stockholders of record on Tuesday, September 22nd will be paid a dividend of 0.4075 per share on Tuesday, September 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Thursday, September 3rd.

Metro Stock Down 0.3%

Metro stock opened at C$88.02 on Tuesday. The business’s 50-day moving average price is C$91.38 and its 200 day moving average price is C$92.44. The company has a quick ratio of 0.41, a current ratio of 1.43 and a debt-to-equity ratio of 71.09. The firm has a market cap of C$18.42 billion, a price-to-earnings ratio of 20.91, a price-to-earnings-growth ratio of 4.06 and a beta of 0.18. Metro has a 52 week low of C$86.63 and a 52 week high of C$101.30.

Metro (TSE:MRU) last issued its quarterly earnings data on Wednesday, August 12th. The company reported C$1.24 EPS for the quarter. Metro had a net margin of 4.00% and a return on equity of 12.87%. The business had revenue of C$6.97 billion for the quarter. As a group, sell-side analysts anticipate that Metro will post 4.8188614 earnings per share for the current year.

About Metro

With annual sales of more than $22 billion, METRO Inc is a food and pharmacy leader in Québec and Ontario, providing employment to more than 97,000 people. Its purpose is to Nourish the health and well-being of our communities. As a retailer, franchisor, distributor, manufacturer, and provider of eCommerce services, the company operates or services a network of some 1,000 food stores under several banners including Metro, Metro Plus, Super C, Food Basics, Adonis and Première Moisson, and some 640 pharmacies primarily under the Jean Coutu, Brunet, Metro Pharmacy and Food Basics Pharmacy banners.