Supremex Inc. (TSE:SXP) Declares Dividend Increase – $0.05 Per Share

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

Supremex Stock Performance

Supremex stock opened at C$4.01 on Friday. Supremex has a 12-month low of C$3.40 and a 12-month high of C$4.54. The company has a market capitalization of C$99.13 million, a price-to-earnings ratio of 9.11, a price-to-earnings-growth ratio of 0.31 and a beta of 1.32. The company has a debt-to-equity ratio of 72.60, a current ratio of 2.14 and a quick ratio of 1.01. The firm’s fifty day moving average price is C$4.09 and its 200 day moving average price is C$3.99.

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