Metro Inc. (MRU) to Distribute Quarterly Dividend of $0.41 on September 22nd

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

Metro Trading Down 0.3%

Shares of Metro stock opened at C$88.02 on Tuesday. 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 company has a 50-day simple moving average of C$91.38 and a 200 day simple moving average of C$92.44. Metro has a 12-month low of C$86.63 and a 12-month high of C$101.30. The stock has a market capitalization of C$18.42 billion, a P/E ratio of 20.91, a price-to-earnings-growth ratio of 4.06 and a beta of 0.18.

Metro (TSE:MRU) last announced its quarterly earnings data on Wednesday, August 12th. The company reported C$1.24 earnings per share for the quarter. The firm had revenue of C$6.97 billion during the quarter. Metro had a return on equity of 12.87% and a net margin of 4.00%. Research analysts expect that Metro will post 4.8188614 earnings per share for the current fiscal 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.