Superior Plus Declares Jun 13 Dividend of $0.05 (SPB)

Superior Plus (TSE:SPB) announced a jun 13 dividend on Thursday, June 6th, StockRatingsNetwork reports. Shareholders of record on Sunday, June 30th will be paid a dividend of $0.05 per share on Monday, July 15th. The ex-dividend date is Wednesday, June 26th.

SPB has been the subject of a number of recent research reports. Analysts at CIBC raised their price target on shares of Superior Plus from C$12.00 to C$13.00 in a research note to investors on Friday, May 3rd. They now have a “sector perform” rating on the stock. On a related note, analysts at TD Securities raised their price target on shares of Superior Plus from C$11.00 to C$12.00 in a research note to investors on Friday, May 3rd. They now have a “sector perform” rating on the stock. Finally, analysts at National Bank Financial raised their price target on shares of Superior Plus from C$13.00 to C$14.00 in a research note to investors on Thursday, May 2nd.

Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of C$13.13.

Superior Plus (TSE: SPB) traded down 0.42% on Thursday, hitting $11.78. Superior Plus has a 1-year low of $5.96 and a 1-year high of $13.15. The stock’s 50-day moving average is currently $11.95. The company has a market cap of $1.485 billion and a price-to-earnings ratio of 13.92.

Superior Plus Corp. is a diversified business company. It holds 100% of Superior plus LP (TSE: SPB), a limited partnership formed between Superior General partner Inc.

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