ADENTRA Inc. (TSE:ADEN) Plans Quarterly Dividend of $0.16

ADENTRA Inc. (TSE:ADEN) announced a quarterly dividend on Monday, October 19th. Investors of record on Friday, October 30th will be paid a dividend of $0.16 per share on Friday, October 30th. This represents a $0.64 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Monday, October 19th.

ADENTRA Stock Performance

TSE:ADEN traded down $0.80 on Friday, hitting $34.12. 65,650 shares of the stock were exchanged, compared to its average volume of 51,470. The stock has a market capitalization of $827.24 million, a price-to-earnings ratio of 12.59 and a beta of 1.50. ADENTRA has a 52 week low of $31.40 and a 52 week high of $41.20. The company’s 50-day moving average price is $36.01 and its 200 day moving average price is $35.23.

ADENTRA (TSE:ADEN) last issued its earnings results on Wednesday, August 5th. The company reported $0.96 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.02). ADENTRA had a net margin of 2.98% and a return on equity of 10.11%. The business had revenue of $607.13 million during the quarter, compared to the consensus estimate of $838.14 million. As a group, equities research analysts predict that ADENTRA will post 4.71 earnings per share for the current year.

ADENTRA Company Profile

Adentra Inc is a distributor of architectural products to fabricators, home centers and professional dealers servicing the new residential, repair and remodel, and commercial construction end markets. The company operates a network in North America of 86 facilities in the United States and Canada.