Whistler Blackcomb (WB) Announces Quarterly Dividend of C$0.24
Whistler Blackcomb (TSE:WB) declared a Quarterly dividend on Wednesday, February 12th, American Banking News.com reports. Investors of record on Wednesday, February 19th will be given a dividend of 0.2437 per share on Wednesday, February 19th. This represents a yield of 6.21%. The ex-dividend date of this dividend is Wednesday, February 12th.
A number of analysts have recently weighed in on WB shares. Analysts at Scotiabank upgraded shares of Whistler Blackcomb to a “sector outperform” rating in a research note on Thursday, January 30th. On a related note, analysts at CIBC raised their price target on shares of Whistler Blackcomb from C$15.00 to C$17.00 in a research note on Tuesday, December 17th. They now have a “sector perform” rating on the stock. Finally, analysts at Paradigm Capital downgraded shares of Whistler Blackcomb from a “buy” rating to a “hold” rating in a research note on Thursday, December 12th. They now have a C$17.00 price target on the stock, up previously from C$15.50. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Whistler Blackcomb presently has a consensus rating of “Buy” and a consensus target price of C$16.00.
Shares of Whistler Blackcomb (TSE:WB) opened at 15.70 on Wednesday. Whistler Blackcomb has a one year low of $12.20 and a one year high of $16.76. The stock’s 50-day moving average is $15.93 and its 200-day moving average is $14.81. The company has a P/E ratio of 62.36.
Whistler Blackcomb Holdings Inc holds a 75% interest in Whistler Mountain Resort Limited Partnership (TSE:WB) and Blackcomb Skiing Enterprises Limited Partnership (Blackcomb L.
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