Andlauer Healthcare Group Inc. (TSE:AND) Announces Dividend Increase – $0.12 Per Share

Andlauer Healthcare Group Inc. (TSE:AND) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.12 per share on Tuesday, April 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date of this dividend is Monday, March 31st. This is a 9.1% increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.11.

Andlauer Healthcare Group Trading Down 1.1 %

Shares of AND traded down C$0.43 during mid-day trading on Friday, hitting C$39.82. The company had a trading volume of 35,088 shares, compared to its average volume of 32,951. Andlauer Healthcare Group has a 1-year low of C$36.43 and a 1-year high of C$48.00. The business’s 50-day simple moving average is C$42.93 and its 200-day simple moving average is C$42.00. The stock has a market cap of C$1.59 billion, a PE ratio of 23.98 and a beta of 0.66. The company has a quick ratio of 1.66, a current ratio of 1.44 and a debt-to-equity ratio of 39.31.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. National Bankshares increased their target price on Andlauer Healthcare Group from C$45.00 to C$49.00 and gave the stock a “sector perform” rating in a research report on Tuesday, February 11th. Stifel Nicolaus raised their price objective on Andlauer Healthcare Group from C$50.00 to C$52.00 in a report on Monday, February 24th. Finally, TD Securities reduced their price objective on Andlauer Healthcare Group from C$54.00 to C$53.00 and set a “buy” rating on the stock in a research note on Friday, February 28th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$48.71.

Andlauer Healthcare Group Company Profile

Andlauer Healthcare Group Inc, a supply chain management company, provides a platform of customized third-party logistics (3PL) and specialized transportation solutions for the healthcare sector in Canada and the United States. The company operates in two segments, Specialized Transportation and Healthcare Logistics.