Corby Spirit and Wine Ltd (TSE:CSW.A) Increases Dividend to $0.25 Per Share

Corby Spirit and Wine Ltd (TSE:CSW.A) announced a quarterly dividend on Friday, September 11th. Shareholders of record on Friday, September 25th will be given a dividend of 0.25 per share on Friday, September 25th. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date is Friday, September 11th. This is a 4.2% increase from Corby Spirit and Wine’s previous quarterly dividend of $0.24.

Corby Spirit and Wine Stock Down 1.2%

Shares of TSE CSW.A opened at C$15.50 on Wednesday. The company has a market capitalization of C$441.27 million, a P/E ratio of 13.25 and a beta of 0.11. Corby Spirit and Wine has a 52-week low of C$13.35 and a 52-week high of C$16.83. The company has a debt-to-equity ratio of 77.55, a quick ratio of 1.77 and a current ratio of 2.34. The company’s 50 day moving average price is C$15.85 and its 200-day moving average price is C$15.21.

Corby Spirit and Wine Company Profile

Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer and importer of spirits and wines. The company derives its revenues from the sale of its owned-brands in Canada and other international markets, as well as earning commissions from the representation of selected non-owned brands in the Canadian marketplace. The company also supplements these primary sources of revenue with other ancillary activities incidental to its core business, such as logistics fees. The company has two reportable segments: Case Goods and Commissions.