BRP Inc (DOOO) Announces $0.07 Quarterly Dividend

BRP Inc (NASDAQ:DOOO) announced a quarterly dividend on Monday, December 3rd, Wall Street Journal reports. Investors of record on Friday, December 28th will be given a dividend of 0.0679 per share on Friday, January 11th. This represents a $0.27 annualized dividend and a yield of 0.81%. The ex-dividend date is Thursday, December 27th.

DOOO stock opened at $33.73 on Tuesday. BRP has a 1-year low of $30.23 and a 1-year high of $55.41.

Several analysts have weighed in on DOOO shares. Desjardins reiterated a “buy” rating on shares of BRP in a research note on Tuesday, October 9th. Canaccord Genuity reiterated a “buy” rating on shares of BRP in a research note on Sunday. National Bank Financial reiterated a “buy” rating on shares of BRP in a research note on Tuesday, November 27th. UBS Group assumed coverage on shares of BRP in a research report on Tuesday, October 9th. They set a “buy” rating for the company. Finally, GMP Securities assumed coverage on shares of BRP in a research report on Monday. They set a “buy” rating for the company. Seven analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy”.

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About BRP

BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and propulsion systems worldwide. The company offers all-terrain, side-by-side, and spyder vehicles; seasonal products consisting of snowmobiles and personal watercraft; and propulsion systems comprising engines for outboard and jet boats, karts, motorcycles, and recreational aircrafts.

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