Dorel Industries (DII) to Issue Dividend Increase – $0.40 Per Share

Dorel Industries (TSE:DII) declared a quarterly dividend on Friday, November 2nd, Zacks reports. Investors of record on Friday, November 16th will be given a dividend of 0.395 per share on Friday, November 30th. This represents a $1.58 dividend on an annualized basis and a yield of 4.86%. The ex-dividend date of this dividend is Thursday, November 15th. This is a positive change from Dorel Industries’s previous quarterly dividend of $0.39.

TSE:DII opened at C$32.54 on Friday. Dorel Industries has a 52-week low of C$26.90 and a 52-week high of C$36.54.

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Dorel Industries Company Profile

Dorel Industries Inc is a Canada-based global consumer products company which designs, manufactures and distributes a portfolio of product brands. The Company markets its products in the United States, Europe, Latin America, Canada, and Asia. The Company operates through three segments: Dorel Juvenile, Dorel Sports and Dorel Home Furnishings.

Read More: How are Outstanding Shares Different from Authorized Shares?

Dividend History for Dorel Industries (TSE:DII)

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