Propel Holdings Inc. Announces Quarterly Dividend of $0.14 (TSE:PRL)

Propel Holdings Inc. (TSE:PRLGet Free Report) announced a quarterly dividend on Friday, August 16th, TickerTech reports. Shareholders of record on Thursday, September 5th will be given a dividend of 0.14 per share on Thursday, September 5th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date of this dividend is Friday, August 16th.

Propel Stock Performance

TSE PRL opened at $25.79 on Wednesday. The firm’s fifty day moving average price is $23.48 and its two-hundred day moving average price is $17.53. The stock has a market cap of $886.40 million, a PE ratio of 17.79 and a beta of 1.81. Propel has a fifty-two week low of $7.07 and a fifty-two week high of $29.89.

Wall Street Analyst Weigh In

Separately, Scotiabank boosted their target price on shares of Propel from C$26.50 to C$28.00 in a research note on Thursday, August 8th.

Read Our Latest Research Report on PRL

About Propel

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Propel Holdings Inc operates as a financial technology company. The company's lending platform facilitates to credit products, such as installment loans and lines of credit under the MoneyKey, CreditFresh, and Fora Credit brands to American consumers. It also offers marketing, analytics, and loan servicing services.

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