B. Riley Reaffirms Buy Rating for Dorel Industries Inc (DII)
Separately, National Bank Financial restated a sector perform overweight rating on shares of Dorel Industries in a research note on Tuesday, August 8th.
Dorel Industries (TSE DII) traded up C$0.09 during mid-day trading on Friday, hitting C$31.00. The stock had a trading volume of 26,635 shares, compared to its average volume of 31,255. Dorel Industries has a fifty-two week low of C$28.31 and a fifty-two week high of C$40.85.
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The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 16th will be paid a dividend of $0.387 per share. This represents a $1.55 dividend on an annualized basis and a yield of 4.99%. The ex-dividend date of this dividend is Wednesday, November 15th. This is a positive change from Dorel Industries’s previous quarterly dividend of $0.30.
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.
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