Tim Hortons (THI) Plans Dividend of $0.29
Tim Hortons (NYSE:THI) declared a dividend on Thursday, February 20th, AnalystRatings.NET reports. Stockholders of record on Monday, March 3rd will be given a dividend of 0.2891 per share on Tuesday, March 18th. The ex-dividend date of this dividend is Thursday, February 27th.
A number of research firms have recently commented on THI. Analysts at Miller Tabak initiated coverage on shares of Tim Hortons in a research note on Friday, February 14th. They set a “buy” rating and a $62.00 price target on the stock. On the ratings front, analysts at Longbow Research initiated coverage on shares of Tim Hortons in a research note on Friday, February 7th. They set a “buy” rating on the stock. Finally, analysts at Scotiabank reiterated a “sector outperform” rating on shares of Tim Hortons in a research note on Friday, December 20th. Eight analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $63.47.
Shares of Tim Hortons (NYSE:THI) opened at 53.09 on Friday. Tim Hortons has a one year low of $47.99 and a one year high of $61.46. The stock’s 50-day moving average is $53.74 and its 200-day moving average is $57.03. The company has a market cap of $7.809 billion and a P/E ratio of 18.51.
Tim Hortons Inc is a quick service restaurant chain in North America. The Company’s menu includes coffee, espresso-based hot and cold specialty drinks, including lattes, cappuccinos and espresso shots, specialty teas, fruit smoothies, home-style soups, fresh sandwiches, wraps, hot breakfast sandwiches and fresh baked goods, including its trademark donuts.
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