TWC Enterprises Limited (TSE:TWC) Announces Dividend Increase – $0.10 Per Share

TWC Enterprises Limited (TSE:TWC) declared a quarterly dividend on Monday, March 16th, TickerTech Dividends reports. Stockholders of record on Tuesday, March 31st will be given a dividend of 0.10 per share on Tuesday, March 31st. This represents a c) annualized dividend 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 Stock Up 0.6%

Shares of TWC stock traded up C$0.14 during trading on Friday, reaching C$22.50. The company’s stock had a trading volume of 1,280 shares, compared to its average volume of 871. TWC Enterprises has a 1-year low of C$17.07 and a 1-year high of C$25.14. The stock’s 50-day moving average price is C$23.27 and its 200 day moving average price is C$23.41. The company has a market capitalization of C$543.80 million, a price-to-earnings ratio of 15.73 and a beta of 0.27. The company has a debt-to-equity ratio of 4.55, a current ratio of 2.96 and a quick ratio of 1.61.

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

TWC Enterprises Company Profile

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.