George Weston Limited (TSE:WN) announced a quarterly dividend on Tuesday, November 21st, Zacks reports. Stockholders of record on Friday, December 15th will be given a dividend of 0.455 per share on Monday, January 1st. This represents a $1.82 annualized dividend and a dividend yield of 1.64%. The ex-dividend date is Thursday, December 14th.

George Weston (TSE WN) traded up C$0.89 on Friday, hitting C$110.77. 101,100 shares of the stock traded hands, compared to its average volume of 130,334. George Weston has a one year low of C$104.49 and a one year high of C$125.67.

A number of equities research analysts recently weighed in on the stock. Barclays lowered their price objective on shares of George Weston from C$114.00 to C$113.00 in a research report on Wednesday, November 22nd. CIBC lowered their price objective on shares of George Weston from C$123.00 to C$119.00 in a research report on Wednesday, November 22nd. Royal Bank Of Canada lowered their price objective on shares of George Weston from C$145.00 to C$144.00 and set an “outperform” rating for the company in a research report on Monday, November 20th. BMO Capital Markets reaffirmed an “outperform” rating and set a C$129.00 price objective on shares of George Weston in a research report on Wednesday, November 22nd. Finally, Scotiabank lowered their price objective on shares of George Weston from C$130.00 to C$115.00 and set a “sector perform” rating for the company in a research report on Wednesday, November 22nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of C$122.83.

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George Weston Company Profile

George Weston Limited is a holding company engaged in food processing and distribution business. The Company, through its two operating segments, Weston Foods and Loblaw, holds cash, short-term investments and a direct investment in Choice Properties Real Estate Investment Trust (Choice Properties). The Weston Foods operating segment includes a fresh bakery business in Canada, and frozen, artisan style bakery and biscuit businesses throughout North America.

Dividend History for George Weston (TSE:WN)

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