ADENTRA Inc. (ADEN) To Go Ex-Dividend on October 19th

ADENTRA Inc. (TSE:ADEN) announced a quarterly dividend on Monday, October 19th. Stockholders 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 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Monday, October 19th.

ADENTRA Trading Down 2.3%

TSE:ADEN traded down $0.80 during mid-day trading on Friday, reaching $34.12. 65,650 shares of the stock were exchanged, compared to its average volume of 51,470. The business has a fifty day moving average price of $36.01 and a 200 day moving average price of $35.23. The firm has a market capitalization of $827.24 million, a PE ratio of 12.59 and a beta of 1.50. ADENTRA has a 1-year low of $31.40 and a 1-year high of $41.20.

ADENTRA (TSE:ADEN) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.96 earnings per share for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $838.14 million. On average, sell-side analysts forecast that ADENTRA will post 4.71 earnings per share for the current year.

About ADENTRA

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.