K-Bro Linen Announces Sep 13 Dividend of $0.10 (KBL)
K-Bro Linen (TSE:KBL) announced a sep 13 dividend on Friday, September 13th, American Banking and Market News reports. Investors of record on Monday, September 30th will be paid a dividend of $0.0958 per share on Tuesday, October 15th.
KBL has been the subject of a number of recent research reports. Analysts at LB Securities raised their price target on shares of K-Bro Linen (TSE:KBL) from C$37.00 to C$40.00 in a research note to investors on Friday, July 19th. They now have a “buy” rating on the stock. Analysts at Laurentian raised their price target on shares of K-Bro Linen (TSE:KBL) from C$37.00 to C$40.00 in a research note to investors on Thursday, July 18th. They now have a “buy” rating on the stock.
Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. K-Bro Linen presently has an average rating of “Buy” and an average target price of C$37.01.
Shares of K-Bro Linen (TSE:KBL) traded up 0.21% on Friday, hitting $33.27. The stock had a trading volume of 4,610 shares. K-Bro Linen has a one year low of $27.25 and a one year high of $37.75. The stock has a 50-day moving average of $34.21 and a 200-day moving average of $33.55. The company has a price-to-earnings ratio of 20.37.
K-Bro Linen Inc (TSE:KBL), formerly K-Bro Linen Income Fund (the Fund) is an operator of laundry and linen processing facilities in Canada.
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