Barclays PLC downgraded shares of George Weston Ltd. (OTCMKTS:WNGRF) from an overweight rating to an equal weight rating in a research note released on Friday, July 28th, The Fly reports.
George Weston (OTCMKTS:WNGRF) traded up 0.0000% on Friday, reaching $89.1574. 6 shares of the company’s stock traded hands. The stock has a market cap of $11.39 billion, a price-to-earnings ratio of 24.0966 and a beta of 0.88. The company’s 50 day moving average is $89.53 and its 200-day moving average is $87.41. George Weston has a 52-week low of $76.25 and a 52-week high of $91.56.
George Weston (OTCMKTS:WNGRF) last released its earnings results on Friday, July 28th. The company reported $1.24 earnings per share for the quarter. The firm had revenue of $8.50 billion for the quarter. George Weston had a net margin of 1.30% and a return on equity of 6.01%.
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The company also recently announced a quarterly dividend, which will be paid on Sunday, October 1st. Investors of record on Friday, September 15th will be issued a dividend of $0.365 per share. This represents a $1.46 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date of this dividend is Thursday, September 14th. George Weston’s dividend payout ratio (DPR) is presently 38.24%.
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