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Dorel Industries (TSE:DII.B) announced a Quarterly dividend on Monday, August 18th, AnalystRatings.Net reports. Stockholders of record on Wednesday, September 3rd will be paid a dividend of 0.30 per share on Wednesday, September 3rd. This represents a dividend yield of 3.14%. The ex-dividend date is Monday, August 18th.

A number of analysts have recently weighed in on DII.B shares. Analysts at National Bank Financial cut their price target on shares of Dorel Industries from C$42.00 to C$40.00 in a research note on Thursday, August 7th. They now have a “sector perform” rating on the stock. On the ratings front, analysts at CIBC cut their price target on shares of Dorel Industries from C$43.00 to C$41.00 in a research note on Thursday, August 7th. They now have a “sector perform” rating on the stock. Finally, analysts at TD Securities raised their price target on shares of Dorel Industries from C$42.00 to C$43.00 in a research note on Thursday, August 7th. They now have a “hold” rating on the stock. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Dorel Industries presently has a consensus rating of “Hold” and a consensus target price of C$44.00.

Dorel Industries Inc (TSE:DII) is a Canada-based juvenile products and bicycle company.

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