Supremex Inc. (SXP) Declares Quarterly Dividend of $0.07
Supremex Inc. (TSE:SXP) announced a quarterly dividend on Friday, November 10th, Zacks reports. Investors of record on Sunday, December 31st will be given a dividend of 0.065 per share on Tuesday, January 16th. This represents a $0.26 annualized dividend and a yield of 5.91%. The ex-dividend date of this dividend is Thursday, December 28th. This is an increase from Supremex’s previous quarterly dividend of $0.06.
Shares of Supremex (TSE:SXP) traded up C$0.06 during midday trading on Friday, reaching C$4.40. 50,058 shares of the company’s stock were exchanged, compared to its average volume of 44,765. Supremex has a 52 week low of C$3.93 and a 52 week high of C$5.19. The firm has a market cap of $124.98, a P/E ratio of 8.46 and a beta of 0.68.
Separately, National Bank Financial upped their price target on shares of Supremex from C$4.00 to C$4.25 and gave the company a “sector perform” rating in a report on Monday, November 13th.
Supremex Company Profile
Supremex Inc manufactures and sells envelopes, and packaging and specialty products in North America. It offers translucent envelopes, custom envelopes, stock envelopes, digital window envelopes, high efficiency envelopes, Extended Envelope, EnviroSafe, and self-seal envelopes. The company also provides packaging products, such as Conformer corrugate mailers, auto boxes, tear resistant PaperTyger mailers, board mailers, Conformer presentation folders, Conformer heavy duty mailers, Conformer paperboard mailers, poly mailers, and Enviro-logiX bubble mailers.
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