Dorel Industries Inc. (OTCMKTS:DIIBF) declared a quarterly dividend on Thursday, November 2nd, Zacks reports. Stockholders of record on Thursday, November 16th will be paid a dividend of 0.30 per share on Thursday, November 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.05%. The ex-dividend date is Wednesday, November 15th.
Dorel Industries (DIIBF) opened at $23.78 on Tuesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.91 and a quick ratio of 0.88. Dorel Industries has a 1-year low of $22.73 and a 1-year high of $30.80. The company has a market cap of $788.69, a PE ratio of 13.91 and a beta of 1.34.
Separately, ValuEngine raised shares of Dorel Industries from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd.
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About Dorel Industries
Dorel Industries Inc is a Canada-based global consumer products company which designs, manufactures and distributes a portfolio of product brands. The Company markets its products in the United States, Europe, Latin America, Canada, and Asia. The Company operates through three segments: Dorel Juvenile, Dorel Sports and Dorel Home Furnishings.
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