Spin Master Corp. (TSE:TOY) Declares Quarterly Dividend of $0.12

Spin Master Corp. (TSE:TOY) declared a quarterly dividend on Friday, March 28th, TickerTech Dividends reports. Investors of record on Friday, April 11th will be given a dividend of 0.12 per share on Friday, April 11th. This represents a $0.48 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date of this dividend is Friday, March 28th.

Spin Master Stock Performance

Spin Master stock opened at C$25.63 on Wednesday. Spin Master has a fifty-two week low of C$25.00 and a fifty-two week high of C$35.44. The stock’s 50 day simple moving average is C$29.01 and its two-hundred day simple moving average is C$31.01. The company has a debt-to-equity ratio of 39.61, a quick ratio of 2.06 and a current ratio of 1.14. The stock has a market cap of C$1.88 billion, a price-to-earnings ratio of 60.66, a PEG ratio of 0.57 and a beta of 1.86.

Insider Activity

In related news, Senior Officer Jennifer Susan Dodge sold 1,259 shares of Spin Master stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of C$25.34, for a total value of C$31,898.15. Insiders own 2.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on TOY shares. TD Securities decreased their price target on shares of Spin Master from C$46.00 to C$37.00 and set a “buy” rating for the company in a research note on Wednesday, February 26th. National Bankshares reduced their price objective on Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 26th. Canaccord Genuity Group reduced their price target on Spin Master from C$44.00 to C$35.00 and set a “buy” rating for the company in a report on Wednesday, February 26th. Royal Bank of Canada cut their price objective on shares of Spin Master from C$43.00 to C$41.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 26th. Finally, Stifel Nicolaus dropped their target price on shares of Spin Master from C$45.00 to C$40.00 and set a “buy” rating on the stock in a research note on Wednesday, February 26th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Spin Master currently has a consensus rating of “Moderate Buy” and an average price target of C$37.75.

About Spin Master

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.