Metro Inc. (TSE:MRU) Announces $0.41 Quarterly Dividend

Metro Inc. (TSE:MRU) declared a quarterly dividend on Thursday, September 3rd. Stockholders of record on Tuesday, September 22nd will be paid a dividend of 0.4075 per share on Tuesday, September 22nd. This represents a c) annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Thursday, September 3rd.

Metro Trading Down 0.3%

Shares of Metro stock opened at C$88.02 on Tuesday. The company has a debt-to-equity ratio of 71.09, a current ratio of 1.43 and a quick ratio of 0.41. The stock’s 50 day simple moving average is C$91.38 and its 200-day simple moving average is C$92.44. The stock has a market cap of C$18.42 billion, a P/E ratio of 20.91, a P/E/G ratio of 4.06 and a beta of 0.18. Metro has a 1-year low of C$86.63 and a 1-year high of C$101.30.

Metro (TSE:MRU) last posted its quarterly earnings results on Wednesday, August 12th. The company reported C$1.24 EPS for the quarter. Metro had a return on equity of 12.87% and a net margin of 4.00%.The firm had revenue of C$6.97 billion during the quarter. Analysts predict that Metro will post 4.8188614 EPS for the current fiscal year.

About Metro

With annual sales of more than $22 billion, METRO Inc is a food and pharmacy leader in Québec and Ontario, providing employment to more than 97,000 people. Its purpose is to Nourish the health and well-being of our communities. As a retailer, franchisor, distributor, manufacturer, and provider of eCommerce services, the company operates or services a network of some 1,000 food stores under several banners including Metro, Metro Plus, Super C, Food Basics, Adonis and Première Moisson, and some 640 pharmacies primarily under the Jean Coutu, Brunet, Metro Pharmacy and Food Basics Pharmacy banners.