Maple Leaf Foods Inc. (MFI) To Go Ex-Dividend on March 9th

Maple Leaf Foods Inc. (TSE:MFI) declared a quarterly dividend on Monday, March 9th, TickerTech Dividends reports. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.21 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Monday, March 9th. This is a 10.5% increase from Maple Leaf Foods’s previous quarterly dividend of $0.19.

Maple Leaf Foods Stock Performance

Shares of TSE:MFI traded up C$0.41 during midday trading on Friday, hitting C$28.72. The company had a trading volume of 348,966 shares, compared to its average volume of 298,891. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.29 and a quick ratio of 0.54. The company has a market cap of C$3.58 billion, a price-to-earnings ratio of 17.73, a PEG ratio of 18.07 and a beta of 0.75. Maple Leaf Foods has a 12-month low of C$22.57 and a 12-month high of C$36.35. The company has a fifty day moving average of C$26.37 and a two-hundred day moving average of C$28.34.

Maple Leaf Foods (TSE:MFI) last released its earnings results on Thursday, March 5th. The company reported C$0.32 earnings per share for the quarter. Maple Leaf Foods had a return on equity of 35.43% and a net margin of 13.84%.The company had revenue of C$991.24 million for the quarter. On average, equities research analysts expect that Maple Leaf Foods will post 1.4334187 EPS for the current fiscal year.

About Maple Leaf Foods

Maple Leaf Foods Inc is a consumer-packaged meats company. It produces prepared meats and meals, fresh pork, and poultry and turkey products. The company also has agribusiness operations. These operations supply livestock to the meat products business operations. Its main markets are Canada, the United States, Japan, and China. The key brands are Maple Leaf and Schneiders, Maple Leaf Prime Naturally, Shopsy, Mitchell’s Gourmet Food, Larse, Parm, and Hygrade.