Reitmans Limited (RET) Announces $0.05 Quarterly Dividend
Reitmans Limited (TSE:RET) announced a quarterly dividend on Friday, September 8th, Zacks reports. Shareholders of record on Thursday, October 12th will be given a dividend of 0.05 per share on Thursday, October 26th. This represents a $0.20 dividend on an annualized basis and a yield of 4.74%. The ex-dividend date of this dividend is Wednesday, October 11th.
Shares of Reitmans Limited (TSE RET) opened at 4.22 on Friday. Reitmans Limited has a 12-month low of $3.96 and a 12-month high of $6.74. The firm’s 50-day moving average is $4.18 and its 200-day moving average is $4.52. The firm has a market cap of $267.25 million and a PE ratio of 24.82.
About Reitmans Limited
Reitmans (Canada) Limited is a Canada-based company, which is engaged in the sale of ladies’ specialty apparel to consumers through its retail banners. The Company has stores located in malls and retail power centers across Canada. The Company operates under banners, including Reitmans, which is a women’s apparel specialty chain and fashion brand that operates over 330 stores; Penningtons, which offers products under plus-size fashion sizes 14 to 32 and operates over 130 stores; Addition Elle, which offers products for plus-size women and operates over 110 stores; RW & CO., which offers fashions for men and women with approximately 80 stores; Thyme Maternity, which is a brand for moms-to-be with over 70 stores, and offers a complete line of nursing fashions and accessories; Hyba, which offers activewear and yoga clothes for exercising or sports and operates approximately 20 stores, and Smart Set.
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