Jamieson Wellness Inc. (TSE:JWEL) Increases Dividend to $0.25 Per Share

Jamieson Wellness Inc. (TSE:JWEL) announced a quarterly dividend on Monday, August 31st, TickerTech Dividends reports. Investors of record on Tuesday, September 15th will be given a dividend of 0.25 per share on Tuesday, September 15th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Monday, August 31st. This is a 8.7% increase from Jamieson Wellness’s previous quarterly dividend of $0.23.

Jamieson Wellness Price Performance

Shares of TSE:JWEL opened at C$45.55 on Friday. The company has a debt-to-equity ratio of 93.69, a quick ratio of 1.08 and a current ratio of 3.41. The firm has a market cap of C$1.89 billion, a price-to-earnings ratio of 24.89 and a beta of 1.48. The business has a 50-day simple moving average of C$42.55 and a two-hundred day simple moving average of C$37.82. Jamieson Wellness has a fifty-two week low of C$32.54 and a fifty-two week high of C$45.76.

Jamieson Wellness (TSE:JWEL) last released its quarterly earnings data on Thursday, August 6th. The company reported C$0.46 earnings per share for the quarter. The firm had revenue of C$233.84 million during the quarter. Jamieson Wellness had a net margin of 8.92% and a return on equity of 15.93%. On average, analysts expect that Jamieson Wellness will post 2.1438892 earnings per share for the current year.

Jamieson Wellness Company Profile

Jamieson Wellness Inc is engaged in the manufacturing, distributing, and marketing of branded natural health products, including vitamins, minerals, and supplements. The company operates in two segments: The Jamieson brands and The Strategic Partners. The majority of its revenue comes from the Jamieson brand segment. Some of its brands are Jamieson, Progressive, Precision, and Iron Vegan. Geographically, most of its revenue is derived from the domestic market.