Richelieu Hardware Ltd. Announces Quarterly Dividend of $0.16 (TSE:RCH)

Richelieu Hardware Ltd. (TSE:RCH) declared a quarterly dividend on Thursday, July 23rd, TickerTech Dividends reports. Stockholders of record on Friday, August 7th will be given a dividend of 0.1566 per share on Friday, August 7th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Thursday, July 23rd.

Richelieu Hardware Stock Down 1.8%

Shares of RCH opened at C$35.64 on Tuesday. The company has a market capitalization of C$1.95 billion, a P/E ratio of 22.70, a PEG ratio of 0.77 and a beta of 0.93. Richelieu Hardware has a one year low of C$32.54 and a one year high of C$45.03. The business’s 50 day simple moving average is C$38.92 and its 200-day simple moving average is C$40.53. The company has a debt-to-equity ratio of 31.32, a current ratio of 3.04 and a quick ratio of 0.71.

Richelieu Hardware (TSE:RCH) last released its quarterly earnings results on Thursday, July 9th. The company reported C$0.42 earnings per share for the quarter. Richelieu Hardware had a return on equity of 9.04% and a net margin of 4.34%.The firm had revenue of C$532.05 million during the quarter.

About Richelieu Hardware

Richelieu Hardware Ltd is a Canada-based company that imports, manufactures, and distributes specialty hardware and complementary products. Headquartered in Montreal, the company operates across Canada and the eastern and midwestern regions of the United States. The majority of the company’s sales are derived from its operations in Canada. Richelieu’s products include furniture, glass, decorative, window, and door hardware, lighting systems, and kitchen and closet storage. The firm primarily serves home furnishing manufacturers, residential and commercial woodworkers, hardware retailers, and renovation superstores.