TWC Enterprises Limited (TWC) to Issue Quarterly Dividend of $0.10 on March 31st

TWC Enterprises Limited (TSE:TWC) announced a quarterly dividend on Monday, March 16th, TickerTech Dividends reports. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.10 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Monday, March 16th. This is a 11.1% increase from TWC Enterprises’s previous quarterly dividend of $0.09.

TWC Enterprises Trading Up 0.6%

TWC Enterprises stock traded up C$0.14 during trading on Friday, hitting C$22.50. The company’s stock had a trading volume of 1,280 shares, compared to its average volume of 871. The stock has a market capitalization of C$543.80 million, a price-to-earnings ratio of 15.73 and a beta of 0.27. The stock’s fifty day moving average is C$23.27 and its 200 day moving average is C$23.41. TWC Enterprises has a 1-year low of C$17.07 and a 1-year high of C$25.14. The company has a debt-to-equity ratio of 4.55, a quick ratio of 1.61 and a current ratio of 2.96.

TWC Enterprises (TSE:TWC) last released its earnings results on Thursday, March 5th. The company reported C$0.67 earnings per share for the quarter. The firm had revenue of C$49.58 million for the quarter. TWC Enterprises had a return on equity of 9.61% and a net margin of 24.35%.

About TWC Enterprises

TWC Enterprises Ltd is a leisure services provider in Canada. Its core business is Golf club operations under the brand name ClubLink One Membership More Golf. The company’s geographical segment includes Canadian golf club operation and US golf club operation. It generates maximum revenue from the Canadian golf club operation segment.