Chesswood Group Ltd (TSE:CHW) declared a monthly dividend on Friday, February 15th, Zacks reports. Shareholders of record on Thursday, February 28th will be paid a dividend of 0.07 per share on Friday, March 15th. This represents a $0.84 annualized dividend and a yield of 7.10%. The ex-dividend date of this dividend is Wednesday, February 27th.
Shares of TSE:CHW traded up C$0.08 during trading on Friday, reaching C$11.83. 8,967 shares of the stock were exchanged, compared to its average volume of 22,179. The company has a quick ratio of 46.25, a current ratio of 47.07 and a debt-to-equity ratio of 342.26. Chesswood Group has a 1-year low of C$8.81 and a 1-year high of C$12.59. The firm has a market capitalization of $187.93 million and a price-to-earnings ratio of 6.94.
Separately, Industrial Alliance Securities upped their target price on Chesswood Group from C$15.00 to C$16.00 and gave the stock a “top pick” rating in a research report on Wednesday, January 23rd.
Chesswood Group Company Profile
Chesswood Group Limited, a financial services company, operates primarily in the specialty finance industry. The company operates through Equipment Financing – U.S. and Equipment Financing Canada segments. It offers micro and small-ticket equipment financing to small and medium-sized businesses in the lower 48 states of the United States.
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