Hudson's Bay Co (TSE:HBC) declared a quarterly dividend on Wednesday, December 6th, Zacks reports. Investors of record on Friday, December 29th will be paid a dividend of 0.013 per share on Monday, January 15th. This represents a $0.05 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date is Thursday, December 28th.

Shares of Hudson's Bay (HBC) traded up C$0.03 during mid-day trading on Friday, reaching C$10.61. The company had a trading volume of 323,600 shares, compared to its average volume of 598,797. Hudson's Bay has a 1-year low of C$8.08 and a 1-year high of C$13.45. The company has a market cap of $1,940.00, a price-to-earnings ratio of -2.37 and a beta of 1.21.

HBC has been the subject of a number of recent analyst reports. CIBC increased their price objective on Hudson's Bay from C$10.50 to C$12.50 in a report on Thursday, September 7th. Cowen decreased their price objective on Hudson's Bay from C$14.00 to C$12.00 in a report on Thursday, December 7th. Canaccord Genuity decreased their price objective on Hudson's Bay from C$11.00 to C$9.00 and set a “hold” rating for the company in a report on Thursday, September 7th. TD Securities increased their price objective on Hudson's Bay from C$12.50 to C$13.50 and gave the stock a “hold” rating in a report on Wednesday, October 25th. Finally, BMO Capital Markets lowered Hudson's Bay from an “outperform” rating to a “market perform” rating and set a C$11.00 price objective for the company. in a report on Friday, December 8th. Nine analysts have rated the stock with a hold rating, Hudson's Bay has an average rating of “Hold” and a consensus target price of C$11.72.

In other Hudson's Bay news, insider Donald William Watros sold 71,200 shares of the stock in a transaction on Thursday, September 28th. The stock was sold at an average price of C$10.60, for a total transaction of C$754,720.00.

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Hudson's Bay Company Profile

Hudson’s Bay Company (HBC) is a Canada-based department store retailer. The Company is an operator and a consolidator, as well as a real estate developer. The Company’s retail portfolio includes approximately 10 banners, in formats ranging from luxury to better department stores to off price fashion shopping destinations, with over 460 stores.

Dividend History for Hudson's Bay (TSE:HBC)

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