Intertape Polymer Group (TSE:ITP) declared a quarterly dividend on Wednesday, March 7th, Zacks reports. Shareholders of record on Tuesday, March 20th will be given a dividend of 0.18 per share on Friday, March 30th. This represents a $0.72 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date is Monday, March 19th.
Intertape Polymer Group (TSE ITP) traded down C$0.01 on Wednesday, reaching C$21.59. 13,085 shares of the company’s stock were exchanged, compared to its average volume of 164,704. Intertape Polymer Group has a one year low of C$17.49 and a one year high of C$25.41. The stock has a market capitalization of $1,270.00, a PE ratio of 13.58 and a beta of 0.76.
A number of research firms have recently commented on ITP. Royal Bank of Canada boosted their target price on shares of Intertape Polymer Group from C$26.00 to C$27.00 and gave the stock an “outperform” rating in a research note on Friday, March 9th. Scotiabank boosted their target price on shares of Intertape Polymer Group from C$26.00 to C$27.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 14th.
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Intertape Polymer Group Inc operates in the specialty packaging industry. The Company develops, manufactures and sells a range of paper and film-based pressure sensitive and water activated tapes, polyethylene and specialized polyolefin packaging films, woven coated fabrics and complementary packaging systems for industrial and retail use.
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