Shares of Spin Master Corp. (OTCMKTS:SNMSF – Get Free Report) traded up 0.7% during mid-day trading on Thursday . The company traded as high as $22.65 and last traded at $22.65. 25,295 shares were traded during trading, an increase of 634% from the average session volume of 3,445 shares. The stock had previously closed at $22.50.
Analyst Upgrades and Downgrades
Separately, Royal Bank of Canada reduced their target price on Spin Master from $50.00 to $46.00 and set an “outperform” rating for the company in a report on Monday, March 18th.
Check Out Our Latest Stock Analysis on SNMSF
Spin Master Trading Down 1.7 %
Spin Master Increases Dividend
The company also recently announced a dividend, which was paid on Friday, April 12th. Shareholders of record on Thursday, March 28th were issued a dividend of $0.0442 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a dividend yield of 0.72%. This is a boost from Spin Master’s previous dividend of $0.04.
Spin Master Company Profile
Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.
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