Jamieson Wellness (TSE:JWEL) Announces Earnings Results

Jamieson Wellness (TSE:JWEL) released its earnings results on Thursday. The company reported C$0.46 EPS for the quarter, FiscalAI reports. The firm had revenue of C$233.84 million during the quarter. Jamieson Wellness had a net margin of 8.71% and a return on equity of 15.25%.

Jamieson Wellness Price Performance

Shares of TSE:JWEL opened at C$41.50 on Friday. The company has a market cap of C$1.72 billion, a P/E ratio of 23.99 and a beta of 1.48. The business has a fifty day simple moving average of C$39.42 and a 200-day simple moving average of C$36.69. Jamieson Wellness has a 52 week low of C$32.54 and a 52 week high of C$43.00. The company has a quick ratio of 1.08, a current ratio of 3.58 and a debt-to-equity ratio of 96.64.

Jamieson Wellness Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 15th were given a $0.23 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.2%. Jamieson Wellness’s payout ratio is currently 52.02%.

Jamieson Wellness Company Profile

Jamieson Wellness Inc is engaged in the manufacturing, distributing, and marketing of branded natural health products, including vitamins, minerals, and supplements. The company operates in two segments: The Jamieson brands and The Strategic Partners. The majority of its revenue comes from the Jamieson brand segment. Some of its brands are Jamieson, Progressive, Precision, and Iron Vegan. Geographically, most of its revenue is derived from the domestic market.