Cineplex Inc (TSE:CGX) announced a monthly dividend on Thursday, November 30th, Zacks reports. Investors of record on Thursday, November 30th will be given a dividend of 0.14 per share on Friday, December 29th. This represents a $1.68 annualized dividend and a yield of 4.54%. The ex-dividend date of this dividend is Wednesday, November 29th.

Cineplex (CGX) traded up C$0.53 on Friday, reaching C$37.02. 72,720 shares of the company traded hands, compared to its average volume of 166,902. Cineplex has a 52-week low of C$34.43 and a 52-week high of C$54.81.

In other news, insider Gordon Nelson purchased 4,000 shares of the company’s stock in a transaction on Thursday, November 9th. The shares were bought at an average price of C$36.00 per share, for a total transaction of C$144,000.00. Also, insider Daniel F. Mcgrath purchased 10,000 shares of the company’s stock in a transaction on Thursday, September 7th. The stock was purchased at an average price of C$38.59 per share, for a total transaction of C$385,900.00. Insiders acquired 19,000 shares of company stock worth $715,250 in the last 90 days.

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Several equities research analysts recently weighed in on the stock. TD Securities dropped their price objective on shares of Cineplex from C$64.00 to C$52.00 and set a “buy” rating on the stock in a research note on Thursday, August 3rd. National Bank Financial dropped their price objective on shares of Cineplex from C$46.00 to C$42.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 9th. Canaccord Genuity dropped their price objective on shares of Cineplex from C$59.00 to C$51.00 and set a “buy” rating on the stock in a research note on Thursday, August 3rd. Raymond James Financial, Inc. dropped their price objective on shares of Cineplex from C$52.00 to C$46.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 26th. Finally, Scotiabank dropped their price objective on shares of Cineplex from C$49.00 to C$46.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 23rd. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Cineplex currently has an average rating of “Buy” and an average price target of C$46.81.

Cineplex Company Profile

Cineplex Inc (Cineplex) is a Canada-based film exhibition company. The Company’s segments include Exhibition and Media. The Exhibition segment includes all direct and ancillary revenues from theatre attendance, including box office and food service revenues. The Exhibition segment also includes amusement gaming and leisure, theatre rentals and digital commerce rental and sales.

Dividend History for Cineplex (TSE:CGX)

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