High Liner Foods Inc (HLF) to Issue Quarterly Dividend of $0.14 on September 15th

High Liner Foods Inc (TSE:HLF) announced a quarterly dividend on Tuesday, August 15th, Zacks reports. Stockholders of record on Friday, September 1st will be given a dividend of 0.14 per share on Friday, September 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date is Wednesday, August 30th.

Shares of High Liner Foods (TSE HLF) opened at 13.73 on Friday. High Liner Foods has a 12-month low of $13.59 and a 12-month high of $27.62. The company has a market capitalization of $457.65 million and a P/E ratio of 17.16. The stock’s 50 day moving average is $16.30 and its 200-day moving average is $17.96.

A number of research firms have recently issued reports on HLF. BMO Capital Markets dropped their target price on shares of High Liner Foods from C$19.00 to C$15.00 in a report on Wednesday, August 16th. Royal Bank Of Canada dropped their target price on shares of High Liner Foods from C$20.00 to C$17.00 and set a “sector perform” rating for the company in a report on Wednesday, August 16th. Scotiabank dropped their target price on shares of High Liner Foods from C$19.00 to C$16.00 and set a “sector perform” rating for the company in a report on Wednesday, August 16th. Finally, Beacon Securities raised shares of High Liner Foods from a “hold” rating to a “buy” rating in a report on Monday, May 15th.

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High Liner Foods Company Profile

High Liner Foods Incorporated processes and markets frozen seafood products in Canada and the United States. The company provides a range of frozen seafood products, such as raw fillets and shellfish; cooked shellfish; and value-added products consisting of sauced, glazed, breaded, and battered seafood, as well as seafood entrées.

Dividend History for High Liner Foods (TSE:HLF)

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