George Weston Limited (WN) To Go Ex-Dividend on December 14th

George Weston Limited (TSE:WNGet Rating) announced a quarterly dividend on Tuesday, November 22nd, Zacks reports. Shareholders of record on Thursday, December 15th will be paid a dividend of 0.66 per share on Sunday, January 1st. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date of this dividend is Wednesday, December 14th.

George Weston Stock Performance

Shares of WN stock opened at C$165.90 on Thursday. The company has a debt-to-equity ratio of 150.48, a quick ratio of 0.78 and a current ratio of 1.38. The firm has a market cap of C$24.01 billion and a P/E ratio of 14.89. The firm’s 50 day moving average price is C$148.87 and its 200-day moving average price is C$151.19. George Weston has a one year low of C$130.81 and a one year high of C$166.09.

Analyst Upgrades and Downgrades

WN has been the subject of a number of research analyst reports. CIBC lifted their target price on George Weston from C$193.00 to C$204.00 and gave the company an “outperform” rating in a research report on Wednesday. Desjardins lowered shares of George Weston from a “buy” rating to a “hold” rating in a research note on Wednesday. Royal Bank of Canada upped their target price on shares of George Weston from C$197.00 to C$203.00 and gave the stock an “outperform” rating in a research note on Friday, November 18th. BMO Capital Markets raised their price target on shares of George Weston from C$166.00 to C$172.00 in a research report on Wednesday. Finally, TD Securities increased their price objective on George Weston from C$185.00 to C$190.00 and gave the company a “buy” rating in a research note on Friday, November 18th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, George Weston currently has a consensus rating of “Moderate Buy” and a consensus price target of C$183.67.

George Weston Company Profile

(Get Rating)

George Weston Limited provides food and drug retailing, and financial services in Canada and internationally. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy, health and beauty, apparel, general merchandise, and financial services.

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Dividend History for George Weston (TSE:WN)

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