Brick Brewing Co. Limited (BRB) Plans Dividend Increase – $0.02 Per Share

Brick Brewing Co. Limited (TSE:BRB) declared a quarterly dividend on Friday, December 8th, Zacks reports. Stockholders of record on Tuesday, January 9th will be paid a dividend of 0.02 per share on Tuesday, January 23rd. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date is Monday, January 8th. This is a positive change from Brick Brewing’s previous quarterly dividend of $0.02.

Brick Brewing (BRB) opened at C$3.85 on Friday. The stock has a market cap of $135.22, a P/E ratio of 42.78 and a beta of 0.04. Brick Brewing has a 1 year low of C$2.55 and a 1 year high of C$4.26.

BRB has been the topic of a number of research reports. Laurentian Bank of Canada raised their target price on shares of Brick Brewing from C$4.60 to C$4.70 and gave the stock a “buy” rating in a research report on Monday, September 11th. Acumen Capital lowered their target price on shares of Brick Brewing from C$4.50 to C$4.40 in a research report on Monday, September 11th. Finally, Laurentian lifted their price objective on shares of Brick Brewing from C$4.60 to C$4.70 and gave the company a “buy” rating in a research report on Monday, September 11th.

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About Brick Brewing

Brick Brewing Co Limited produces, sells, markets, and distributes packaged and draft premium beer under the Waterloo brand; and value beer under the Laker, Red Baron, Red Cap, and Formosa brands in Canada and the United States. The company also produces, sells, markets, and distributes vodka and malt based coolers, and ciders under the Seagram Coolers brand, as well as produces, sells, markets, and distributes various beer products under co-packaging agreements.

Dividend History for Brick Brewing (TSE:BRB)

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