Superior Plus Corp. (SPB.TO) (TSE:SPB) announced a monthly dividend on Thursday, February 25th, TickerTech reports. Investors of record on Monday, March 15th will be given a dividend of 0.06 per share on Monday, March 15th. This represents a $0.72 dividend on an annualized basis and a yield of 5.40%. The ex-dividend date is Thursday, February 25th.
SPB opened at C$13.34 on Tuesday. Superior Plus Corp. has a 12-month low of C$5.97 and a 12-month high of C$14.00. The company has a current ratio of 1.04, a quick ratio of 0.64 and a debt-to-equity ratio of 142.83. The firm has a market capitalization of C$2.35 billion and a PE ratio of 31.24. The firm has a 50 day moving average of C$12.77 and a two-hundred day moving average of C$12.31.
SPB has been the subject of a number of recent research reports. TD Securities raised their price target on shares of Superior Plus Corp. (SPB.TO) from C$14.50 to C$15.50 and gave the stock a “buy” rating in a research report on Friday. CIBC lowered shares of Superior Plus Corp. (SPB.TO) from an “outperform” rating to a “neutral” rating and raised their price target for the stock from C$14.50 to C$15.00 in a research report on Monday, December 21st. ATB Capital lifted their target price on shares of Superior Plus Corp. (SPB.TO) from C$14.00 to C$14.50 and gave the company a “sector perform” rating in a report on Monday. Royal Bank of Canada lifted their target price on shares of Superior Plus Corp. (SPB.TO) from C$13.00 to C$15.00 and gave the company a “sector perform” rating in a report on Friday. Finally, Canaccord Genuity lowered shares of Superior Plus Corp. (SPB.TO) from a “buy” rating to a “hold” rating in a report on Friday. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Superior Plus Corp. (SPB.TO) currently has an average rating of “Hold” and an average price target of C$14.67.
Superior Plus Corp. engages in the energy distribution and specialty chemicals businesses in Canada, the United States, and Chile. The company's Energy Distribution segment provides distribution, wholesale procurement, and related services for propane, heating oil, and other refined fuels. Its Specialty Chemicals segment supplies sodium chlorate and technology to the pulp and paper industries, as well as potassium and chlor-alkali products.
Read More: What does an outperform rating mean?
Receive News & Ratings for Superior Plus Corp. (SPB.TO) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Superior Plus Corp. (SPB.TO) and related companies with MarketBeat.com's FREE daily email newsletter.