High Liner Foods (TSE:HLF – Get Free Report) released its earnings results on Thursday, August 13th. The company reported C$0.63 earnings per share for the quarter, reports. High Liner Foods had a net margin of 2.30% and a return on equity of 6.30%. The business had revenue of C$382.35 million for the quarter. During the same period last year, the business earned $0.28 earnings per share.
High Liner Foods Trading Down 1.0%
HLF stock traded down C$0.14 during trading on Wednesday, hitting C$14.34. The company had a trading volume of 9,688 shares, compared to its average volume of 27,924. The firm has a 50-day moving average price of C$14.57 and a 200-day moving average price of C$14.46. The company has a quick ratio of 0.38, a current ratio of 2.29 and a debt-to-equity ratio of 80.12. The stock has a market cap of C$401.59 million, a price-to-earnings ratio of 16.30 and a beta of 0.57. High Liner Foods has a 12 month low of C$13.13 and a 12 month high of C$17.60.
High Liner Foods Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 15th were paid a $0.1750 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.9%. High Liner Foods’s payout ratio is currently 57.23%.
High Liner Foods Company Profile
High Liner Foods is the leading North American processor and marketer of value-added frozen seafood. Their retail branded products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Sea Cuisine and C. Wirthy & Co labels, and are available in most grocery and club stores. They also sell branded products under the High Liner, Icelandic Seafood, and FPI labels to restaurants and institutions, and are a major supplier of private-label, value-added frozen seafood products to North American food retailers and foodservice distributors.
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