Metro Inc. (TSE:MRU) Announces $0.41 Quarterly Dividend

Metro Inc. (TSE:MRU) declared a quarterly dividend on Thursday, September 3rd. Stockholders of record on Tuesday, September 22nd will be paid a dividend of 0.4075 per share on Tuesday, September 22nd. This represents a c) annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Thursday, September 3rd.

Metro Stock Down 0.3%

TSE:MRU opened at C$88.02 on Tuesday. The company has a market capitalization of C$18.42 billion, a price-to-earnings ratio of 20.91, a price-to-earnings-growth ratio of 4.06 and a beta of 0.18. Metro has a one year low of C$86.63 and a one year high of C$101.30. The stock has a 50-day simple moving average of C$91.38 and a 200 day simple moving average of C$92.44. The company has a debt-to-equity ratio of 71.09, a quick ratio of 0.41 and a current ratio of 1.43.

Metro (TSE:MRU) last announced its quarterly earnings data on Wednesday, August 12th. The company reported C$1.24 earnings per share (EPS) for the quarter. The firm had revenue of C$6.97 billion for the quarter. Metro had a return on equity of 12.87% and a net margin of 4.00%. Sell-side analysts predict that Metro will post 4.8188614 EPS for the current fiscal year.

About Metro

With annual sales of more than $22 billion, METRO Inc is a food and pharmacy leader in Québec and Ontario, providing employment to more than 97,000 people. Its purpose is to Nourish the health and well-being of our communities. As a retailer, franchisor, distributor, manufacturer, and provider of eCommerce services, the company operates or services a network of some 1,000 food stores under several banners including Metro, Metro Plus, Super C, Food Basics, Adonis and Première Moisson, and some 640 pharmacies primarily under the Jean Coutu, Brunet, Metro Pharmacy and Food Basics Pharmacy banners.