Power Co. of Canada Declares Quarterly Dividend of C$0.29 (POW)
Power Co. of Canada (TSE:POW) announced a Quarterly dividend on Friday, September 5th, StockRatingsNetwork.com reports. Investors of record on Tuesday, September 30th will be paid a dividend of 0.29 per share on Tuesday, September 30th. This represents a dividend yield of 3.61%. The ex-dividend date is Friday, September 5th.
On the ratings front, analysts at CIBC cut their price target on shares of Power Co. of Canada to C$35.00 in a research note on Monday, August 11th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of C$34.42.
Shares of Power Co. of Canada (TSE:POW) opened at 32.47 on Friday. Power Co. of Canada has a 1-year low of $28.29 and a 1-year high of $32.82. The stock’s 50-day moving average is $31.78 and its 200-day moving average is $30.52. The company has a market cap of $14.974 billion and a price-to-earnings ratio of 14.03.
Power Co. of Canada (TSE:POW) last issued its quarterly earnings data on Monday, August 11th. The company reported $0.70 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.73 by $0.03. Analysts expect that Power Co. of Canada will post $2.71 EPS for the current fiscal year.
Power Corporation of Canada (TSE:POW) is a holding company.
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