Corby Spirit and Wine (TSE:CSW.A) Shares Up 0.8% – What’s Next?

Corby Spirit and Wine Ltd (TSE:CSW.A)’s share price traded up 0.8% during trading on Thursday. The stock traded as high as C$16.70 and last traded at C$16.08. 11,958 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 14,874 shares. The stock had previously closed at C$15.96.

Corby Spirit and Wine Trading Up 0.8%

The company has a quick ratio of 1.77, a current ratio of 2.34 and a debt-to-equity ratio of 77.55. The firm has a 50 day moving average price of C$15.50 and a 200 day moving average price of C$15.20. The stock has a market capitalization of C$457.78 million, a PE ratio of 13.74 and a beta of -0.13.

Corby Spirit and Wine (TSE:CSW.A) last announced its earnings results on Wednesday, November 11th. The company reported C$0.46 earnings per share (EPS) for the quarter. Corby Spirit and Wine had a return on equity of 13.22% and a net margin of 10.41%. The company had revenue of C$72.49 million for the quarter. Equities analysts expect that Corby Spirit and Wine Ltd will post 0.99 EPS for the current fiscal year.

Corby Spirit and Wine Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 25th were paid a dividend of $0.25 per share. This is a boost from Corby Spirit and Wine’s previous quarterly dividend of $0.24. The ex-dividend date was Friday, September 11th. This represents a $1.00 annualized dividend and a yield of 6.2%. Corby Spirit and Wine’s dividend payout ratio (DPR) is 80.34%.

About Corby Spirit and Wine

Corby Spirit and Wine Limited (‘Corby’) is a leading Canadian manufacturer, marketer and distributor of spirits, wines and ready-to-drink beverages. Corby’s portfolio of owned-brands includes some of the most renowned brands in Canada, including J.P. Wiser’s, Lot 40, and Pike Creek Canadian whiskies, Polar Ice vodka, Lamb’s rum, and McGuinness liqueurs, Cottage Springs and Nude ready-to-drink beverages, as well as Ungava gin, Cabot Trail maple-based liqueurs, and Foreign Affair wines. Pernod Ricard S.A. indirectly owns in excess of 50% of Corby’s issued and outstanding voting common shares and is considered to be Corby’s ultimate parent.