High Liner Foods Inc (TSE:HLF) Director Robert P. Dexter bought 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 7th. The shares were purchased at an average cost of C$10.57 per share, for a total transaction of C$105,700.00.

Shares of High Liner Foods Inc (HLF) opened at C$11.09 on Friday. High Liner Foods Inc has a 1-year low of C$10.44 and a 1-year high of C$21.60. The firm has a market capitalization of $370.18, a PE ratio of 8.87 and a beta of 0.79.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st will be issued a dividend of $0.145 per share. The ex-dividend date is Wednesday, February 28th. This represents a $0.58 annualized dividend and a yield of 5.23%. High Liner Foods’s dividend payout ratio (DPR) is 34.69%.

HLF has been the topic of several research reports. BMO Capital Markets reissued a “market perform” rating and set a C$14.00 target price on shares of High Liner Foods in a research note on Tuesday, November 14th. Royal Bank of Canada cut their price target on High Liner Foods from C$16.00 to C$13.00 and set a “sector perform” rating on the stock in a report on Thursday, February 22nd. Finally, Scotiabank cut their price target on High Liner Foods from C$15.00 to C$13.00 and set a “sector perform” rating on the stock in a report on Thursday, February 22nd.

TRADEMARK VIOLATION WARNING: “Robert P. Dexter Purchases 10,000 Shares of High Liner Foods Inc (HLF) Stock” was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this report on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark legislation. The legal version of this report can be accessed at https://www.thecerbatgem.com/2018/03/11/robert-p-dexter-purchases-10000-shares-of-high-liner-foods-inc-hlf-stock.html.

About High Liner Foods

High Liner Foods Incorporated is a Canada-based company, which is engaged in the processing and marketing of frozen seafood products. The Company produces a range of products from breaded and battered items to seafood entrees, which are sold to North American food retailers and foodservice distributors.

Receive News & Ratings for High Liner Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for High Liner Foods and related companies with MarketBeat.com's FREE daily email newsletter.