George Weston Ltd. (WNGRF) to Issue Quarterly Dividend of $0.37 on October 1st

George Weston Ltd. (OTCMKTS:WNGRF) declared a quarterly dividend on Tuesday, August 1st, Zacks reports. Investors of record on Friday, September 15th will be given a dividend of 0.365 per share on Sunday, October 1st. This represents a $1.46 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date is Thursday, September 14th.

George Weston (WNGRF) opened at 86.4632 on Wednesday. The firm has a market cap of $11.05 billion, a P/E ratio of 23.5274 and a beta of 0.86. George Weston has a 52-week low of $76.25 and a 52-week high of $91.56. The company’s 50 day moving average is $87.76 and its 200-day moving average is $87.87.

George Weston (OTCMKTS:WNGRF) last posted its quarterly earnings results on Friday, July 28th. The company reported $1.24 earnings per share (EPS) for the quarter. The firm had revenue of $8.50 billion during the quarter. George Weston had a return on equity of 6.05% and a net margin of 1.30%.

Separately, Barclays PLC lowered George Weston from an “overweight” rating to an “equal weight” rating in a research report on Friday, July 28th.

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About George Weston

George Weston Limited engages in food processing and distribution business in Canada and internationally. The company?s Weston Foods segment produces fresh, frozen, and specialty bakery products, including breads, rolls, bagels, flatbreads, rye bread, tortillas, doughnuts, cakes, pies, cookies, and crackers, and other baked goods through national and regional supermarkets, wholesale and club stores, dollar stores, convenience stores, food service distributors, and outlets.

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