Toromont Industries Ltd (TSE:TIH) insider Paul Randolph Jewer sold 600 shares of Toromont Industries stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of C$56.50, for a total value of C$33,900.00.
Toromont Industries Ltd (TSE:TIH) traded up C$0.26 during trading on Thursday, reaching C$57.87. The company’s stock had a trading volume of 87,957 shares, compared to its average volume of 108,117. Toromont Industries Ltd has a twelve month low of C$43.51 and a twelve month high of C$58.79. The company has a market capitalization of $4,660.00, a P/E ratio of 26.34 and a beta of 0.82.
The business also recently announced a quarterly dividend, which will be paid on Monday, April 2nd. Shareholders of record on Friday, March 9th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.59%. This is an increase from Toromont Industries’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Thursday, March 8th. Toromont Industries’s payout ratio is 34.55%.
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Toromont Industries Company Profile
Toromont Industries Ltd is a Canada-based company, which operates through two segments: Equipment Group and CIMCO. The Company’s Equipment Group is involved in supply of specialized mobile equipment and industrial engines. It consists of businesses, including Toromont CAT, Battlefield-The CAT Rental Store, Sitech Mid-Canada Ltd., Toromont Energy Ltd.
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