BRP Inc. Announces Quarterly Dividend of C$0.25 (NASDAQ:DOO)

BRP Inc. (NASDAQ:DOO) announced a quarterly dividend on Wednesday, May 27th. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.25 per share on Tuesday, July 14th. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, June 30th.

BRP Price Performance

Shares of NASDAQ:DOO traded up $0.54 during mid-day trading on Thursday, hitting $58.57. The company had a trading volume of 742,790 shares, compared to its average volume of 301,972. The company has a fifty day moving average of $61.54. The firm has a market capitalization of $4.32 billion, a P/E ratio of 15.52 and a beta of 0.90. The company has a debt-to-equity ratio of 3.92, a current ratio of 1.27 and a quick ratio of 0.56. BRP has a one year low of $38.18 and a one year high of $81.89.

Institutional Trading of BRP

Hedge funds and other institutional investors have recently bought and sold shares of the business. Quarry LP bought a new stake in BRP during the 4th quarter valued at $30,000. Signaturefd LLC bought a new stake in BRP during the 4th quarter valued at $43,000. Quadrant Capital Group LLC bought a new stake in BRP during the 4th quarter valued at $89,000. PNC Financial Services Group Inc. bought a new stake in BRP during the 4th quarter valued at $142,000. Finally, Intact Investment Management Inc. bought a new stake in BRP during the 4th quarter valued at $156,000.

About BRP

BRP Inc, headquartered in Valcourt, Quebec, designs, manufactures and distributes powersports vehicles and propulsion systems for recreational and utility use. The company traces its roots to the Bombardier family and the early development of the snowmobile, and it operates as a global manufacturer of recreational vehicles and related technologies.

BRP’s product portfolio includes snowmobiles, personal watercraft and sport boats, off-road vehicles (including all-terrain and side-by-side models) and three‑wheel on‑road vehicles.