High Liner Foods Inc (HLF) Declares $0.14 Quarterly Dividend

High Liner Foods Inc (TSE:HLF) announced a quarterly dividend on Tuesday, August 15th, Zacks reports. Shareholders of record on Friday, September 1st will be paid a dividend of 0.14 per share on Friday, September 15th. This represents a $0.56 annualized dividend and a yield of 3.86%. The ex-dividend date of this dividend is Wednesday, August 30th.

Shares of High Liner Foods (TSE:HLF) traded up 1.86% during midday trading on Wednesday, reaching $14.77. 30,058 shares of the company’s stock traded hands. High Liner Foods has a 52-week low of $13.90 and a 52-week high of $27.62. The stock has a market cap of $456.23 million and a price-to-earnings ratio of 15.55. The stock has a 50 day moving average of $16.99 and a 200-day moving average of $18.20.

A number of brokerages recently commented on HLF. Scotiabank decreased their price target on High Liner Foods from C$19.00 to C$16.00 and set a “sector perform” rating on the stock in a research report on Wednesday. Royal Bank Of Canada restated a “sector perform” rating and issued a C$21.00 price target on shares of High Liner Foods in a research report on Wednesday, May 31st. Beacon Securities upgraded High Liner Foods from a “hold” rating to a “buy” rating in a research report on Monday, May 15th. Finally, BMO Capital Markets decreased their price target on High Liner Foods from C$22.00 to C$19.00 in a research report on Thursday, May 11th.

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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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