DHX Media Ltd. (DHX) Plans Quarterly Dividend of $0.01
DHX Media (TSE:DHX) announced a quarterly dividend on Monday, September 23rd, AnalystRatings.Net reports. Shareholders of record on Wednesday, October 2nd will be paid a dividend of $0.011 per share on Wednesday, October 16th. This represents a $0.04 annualized dividend and a dividend yield of 1.33%.
Several analysts have recently commented on the stock. Analysts at Canaccord Genuity raised their price target on shares of DHX Media (TSE:DHX) from C$3.50 to C$4.25 in a research note to investors on Tuesday, September 17th. They now have a “buy” rating on the stock. On a related note, analysts at Scotiabank raised their price target on shares of DHX Media (TSE:DHX) from C$3.75 to C$3.90 in a research note to investors on Tuesday, September 17th. They now have a “sector perform” rating on the stock. Finally, analysts at RBC Capital raised their price target on shares of DHX Media (TSE:DHX) from C$3.50 to C$3.75 in a research note to investors on Friday, September 6th. They now have an “outperform” rating on the stock.
Shares of DHX Media (TSE:DHX) opened at 3.32 on Monday. DHX Media has a one year low of $1.50 and a one year high of $3.53. The stock has a 50-day moving average of $3.02 and a 200-day moving average of $2.92. The company has a market cap of $339.1 million and a P/E ratio of 329.00.
DHX Media Ltd is a Canada-based company engaged in the production and distribution of television and film productions, interactive content and entertainment licensing, with an emphasis on children, family and youth markets.
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