Supremex Inc. (TSE:SXP) Raises Dividend to $0.05 Per Share

Supremex Inc. (TSE:SXP) declared a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Investors of record on Thursday, December 5th will be paid a dividend of 0.05 per share on Friday, December 20th. This represents a $0.20 dividend on an annualized basis and a yield of 4.99%. The ex-dividend date is Thursday, December 5th. This is an increase from Supremex’s previous quarterly dividend of $0.04.

Supremex Trading Down 6.3 %

Shares of TSE SXP opened at C$4.01 on Friday. The company has a debt-to-equity ratio of 72.60, a quick ratio of 1.01 and a current ratio of 2.14. The business’s 50 day moving average price is C$4.09 and its 200-day moving average price is C$3.99. Supremex has a fifty-two week low of C$3.40 and a fifty-two week high of C$4.54. The company has a market cap of C$99.13 million, a price-to-earnings ratio of 9.11, a PEG ratio of 0.31 and a beta of 1.32.

Supremex (TSE:SXP) last issued its quarterly earnings results on Thursday, August 8th. The company reported C$0.08 earnings per share for the quarter. Supremex had a return on equity of 8.31% and a net margin of 3.93%. The firm had revenue of C$69.34 million for the quarter, compared to the consensus estimate of C$65.40 million. On average, sell-side analysts expect that Supremex will post 0.7454874 earnings per share for the current year.

Supremex Company Profile

Supremex Inc engages in the manufacture and markets envelopes, and paper-based packaging solutions and specialty products to corporations, resellers, government entities, small and medium sized enterprises, direct mailers, and solutions providers primarily in Canada and the United States. The company offers a range of stock and custom envelopes in various styles, shapes, and colors; and e-Commerce fulfillment packaging solutions; labels; polyethylene bags for courier applications; and bubble mailers.