Richelieu Hardware (TSE:RCH) Issues Earnings Results

Richelieu Hardware (TSE:RCH) issued its quarterly earnings data on Thursday. The company reported C$0.42 earnings per share (EPS) for the quarter, FiscalAI reports. Richelieu Hardware had a return on equity of 9.04% and a net margin of 4.35%.The firm had revenue of C$532.05 million during the quarter.

Richelieu Hardware Price Performance

TSE:RCH traded down C$2.67 during trading hours on Thursday, reaching C$36.15. 254,710 shares of the company traded hands, compared to its average volume of 107,922. The company has a debt-to-equity ratio of 29.06, a current ratio of 3.21 and a quick ratio of 0.71. The stock has a market cap of C$1.99 billion, a P/E ratio of 23.17, a P/E/G ratio of 0.77 and a beta of 0.93. Richelieu Hardware has a 1-year low of C$32.54 and a 1-year high of C$45.03. The firm’s 50-day moving average is C$39.39 and its 200-day moving average is C$40.75.

Richelieu Hardware Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 7th. Shareholders of record on Thursday, May 7th were issued a dividend of $0.1566 per share. This represents a $0.63 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Thursday, April 23rd. Richelieu Hardware’s dividend payout ratio is 39.52%.

About Richelieu Hardware

Richelieu Hardware Ltd is a Canada-based company that imports, manufactures, and distributes specialty hardware and complementary products. Headquartered in Montreal, the company operates across Canada and the eastern and midwestern regions of the United States. The majority of the company’s sales are derived from its operations in Canada. Richelieu’s products include furniture, glass, decorative, window, and door hardware, lighting systems, and kitchen and closet storage. The firm primarily serves home furnishing manufacturers, residential and commercial woodworkers, hardware retailers, and renovation superstores.