Leon’s Furniture Ltd. (TSE:LNF) Declares Quarterly Dividend of $0.14

Leon’s Furniture Ltd. (TSE:LNF) announced a quarterly dividend on Wednesday, November 13th, Zacks reports. Investors of record on Friday, December 6th will be given a dividend of 0.14 per share on Monday, January 6th. This represents a $0.56 annualized dividend and a yield of 3.50%. The ex-dividend date of this dividend is Thursday, December 5th.

LNF stock opened at C$15.99 on Tuesday. The company has a current ratio of 1.24, a quick ratio of 0.53 and a debt-to-equity ratio of 65.72. Leon’s Furniture has a twelve month low of C$14.01 and a twelve month high of C$16.48. The company’s 50 day moving average is C$15.67 and its two-hundred day moving average is C$15.50. The stock has a market cap of $1.25 billion and a P/E ratio of 12.35.

LNF has been the subject of several research analyst reports. BMO Capital Markets upped their target price on shares of Leon’s Furniture from C$17.00 to C$18.00 in a report on Friday, August 16th. CIBC lifted their price target on shares of Leon’s Furniture from C$17.00 to C$18.00 in a research note on Friday, August 16th. Finally, Desjardins boosted their price target on shares of Leon’s Furniture from C$20.00 to C$21.00 in a research report on Thursday, August 15th.

Leon’s Furniture Company Profile

Leon’s Furniture Limited is the largest retailer of furniture, mattresses, appliances and electronics in Canada. Our retail banners include: Leon’s; The Brick; The Brick Mattress Store; and The Brick Outlet. Finally,
with the Midnorthern Appliance banner alongside the Appliance Canada banner, we are also the country’s largest commercial retailer of appliances to builders, developers, hotels and property management companies.

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Dividend History for Leon`s Furniture (TSE:LNF)

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