Parkland Fuel Corp Declares Oct 13 Dividend of $0.09 (PKI)
Parkland Fuel Corp (TSE:PKI) announced a oct 13 dividend on Thursday, October 10th, American Banking News reports. Investors of record on Tuesday, October 22nd will be paid a dividend of $0.0867 per share on Friday, November 15th. The ex-dividend date is Friday, October 18th.
A number of analysts have recently weighed in on PKI shares. Analysts at BMO Capital Markets initiated coverage on shares of Parkland Fuel Corp in a research note to investors on Wednesday, September 4th. They set a “market perform” rating and a C$18.75 price target on the stock. On the ratings front, analysts at CIBC cut their price target on shares of Parkland Fuel Corp from C$19.75 to C$19.25 in a research note to investors on Friday, August 9th. Finally, analysts at CIBC cut their price target on shares of Parkland Fuel Corp from C$19.50 to C$19.25 in a research note to investors on Thursday, July 25th. They now have a “sector outperform” rating on the stock. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of C$18.94.
Shares of Parkland Fuel Corp (TSE:PKI) traded up 0.77% during mid-day trading on Thursday, hitting $18.32. 56,454 shares of the company’s stock traded hands. Parkland Fuel Corp has a one year low of $15.55 and a one year high of $20.30. The stock’s 50-day moving average is $17.13 and its 200-day moving average is $17.7. The company has a price-to-earnings ratio of 13.47.
Parkland Fuel Corporation (TSE:PKI) is a marketer and distributor of petroleum products, managing a nationwide network of sales channels for retail, commercial, wholesale and home heating fuel customers.
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