Parkland Fuel Corp Announces Monthly Dividend of $0.10 (PKI)
Parkland Fuel Corp (TSE:PKI) announced a monthly dividend on Thursday, September 14th, Zacks reports. Shareholders of record on Friday, September 22nd will be paid a dividend of 0.096 per share on Friday, October 13th. This represents a $1.15 dividend on an annualized basis and a yield of 4.34%. The ex-dividend date is Thursday, September 21st.
Shares of Parkland Fuel Corp (TSE:PKI) traded down 0.67% during mid-day trading on Friday, reaching $26.57. 1,458,669 shares of the company’s stock were exchanged. The firm has a market capitalization of $3.47 billion and a P/E ratio of 69.55. Parkland Fuel Corp has a one year low of $24.63 and a one year high of $32.45. The stock has a 50-day moving average of $26.26 and a 200 day moving average of $28.64.
PKI has been the subject of a number of research reports. TD Securities decreased their price objective on Parkland Fuel Corp from C$39.00 to C$37.00 and set an “action list buy” rating for the company in a report on Friday, August 4th. Scotiabank decreased their price objective on Parkland Fuel Corp from C$34.75 to C$33.75 and set an “outperform” rating for the company in a report on Thursday, August 3rd. Finally, Royal Bank Of Canada decreased their price objective on Parkland Fuel Corp from C$32.00 to C$31.00 and set a “sector perform” rating for the company in a report on Thursday, August 3rd. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of C$34.15.
In related news, Director John Frederick Bechtold purchased 2,000 shares of Parkland Fuel Corp stock in a transaction dated Tuesday, July 4th. The stock was purchased at an average cost of C$29.73 per share, for a total transaction of C$59,460.00.
WARNING: “Parkland Fuel Corp Announces Monthly Dividend of $0.10 (PKI)” was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this story on another domain, it was copied illegally and republished in violation of US & international trademark & copyright laws. The legal version of this story can be read at https://www.thecerbatgem.com/2017/09/16/parkland-fuel-corp-announces-monthly-dividend-of-0-10-pki.html.
Parkland Fuel Corp Company Profile
Parkland Fuel Corporation distributes and markets fuels and lubricants. The Company delivers refined fuels and other petroleum products to motorists, businesses, consumers and wholesale customers. Its segments include Retail Fuels, Commercial Fuels, Parkland USA, Supply and Wholesale, and Corporate. Its Retail Fuels segment supplies and supports a network of over 1,070 retail gas stations in Canada.
Receive News & Stock Ratings for Parkland Fuel Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Parkland Fuel Corp and related stocks with our FREE daily email newsletter.