Corby Spirit and Wine Ltd (TSE:CSW.A) Raises Dividend to $0.22 Per Share

Corby Spirit and Wine Ltd (TSE:CSW.A) declared a quarterly dividend on Wednesday, September 11th, TickerTech reports. Investors of record on Friday, September 27th will be paid a dividend of 0.22 per share on Friday, September 27th. This represents a $0.88 dividend on an annualized basis and a yield of 6.57%. The ex-dividend date of this dividend is Wednesday, September 11th. This is a positive change from Corby Spirit and Wine’s previous quarterly dividend of $0.21.

Corby Spirit and Wine Price Performance

TSE:CSW.A opened at C$13.40 on Monday. The company has a quick ratio of 1.77, a current ratio of 2.34 and a debt-to-equity ratio of 77.55. The business’s 50-day simple moving average is C$13.25 and its two-hundred day simple moving average is C$13.25. The stock has a market cap of C$325.22 million, a PE ratio of 15.95 and a beta of 0.28. Corby Spirit and Wine has a 52 week low of C$12.20 and a 52 week high of C$15.05.

Insider Activity

In other news, Director Pamela Laycock acquired 7,000 shares of the business’s stock in a transaction dated Thursday, June 27th. The stock was purchased at an average price of C$13.15 per share, for a total transaction of C$92,050.00. Company insiders own 51.99% of the company’s stock.

Corby Spirit and Wine Company Profile

Corby Spirit and Wine Limited manufactures, markets, and distributes spirits and imported wines. Its portfolio of brands include J.P. Wiser's Canadian whiskies, Lamb's rum, Polar Ice vodka, Ungava Spirits, Foreign Affair, and McGuinness liqueurs; and international brands comprise ABSOLUT vodka, Chivas Regal, The Glenlivet and Ballantine's Scotch whiskies, Jameson Irish whiskey, Beefeater gin, Malibu rum, Kahlúa liqueur, and Mumm Champagne, as well as Jacob's Creek, Stoneleigh, Graffigna, Campo Viejo, and Wyndham Estate wines.