Loblaw Companies Ltd (TSE:L) Director William Downe bought 6,000 shares of the stock in a transaction dated Thursday, November 29th. The shares were bought at an average cost of C$60.85 per share, with a total value of C$365,100.00.
TSE:L traded down C$0.04 during mid-day trading on Friday, reaching C$61.29. The company’s stock had a trading volume of 759,800 shares, compared to its average volume of 657,920. Loblaw Companies Ltd has a 1 year low of C$50.22 and a 1 year high of C$61.82. The company has a quick ratio of 0.61, a current ratio of 1.19 and a debt-to-equity ratio of 123.99.
The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, December 30th. Investors of record on Sunday, December 30th will be paid a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date of this dividend is Thursday, December 13th. Loblaw Companies’s dividend payout ratio (DPR) is presently 78.86%.
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Loblaw Companies Company Profile
Loblaw Companies Limited, a food and pharmacy company, provides grocery, pharmacy, health and beauty, apparel, general merchandise, credit card, insurance brokerage, gift card, and telecommunication services in Canada. It operates through three segments: Retail, Financial Services, and Choice Properties.
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