Dorel Industries (DII) Sets New 1-Year Low at $20.18
Dorel Industries (TSE:DII) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$20.18 and last traded at C$32.54, with a volume of 4719 shares changing hands. The stock had previously closed at C$32.80.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 30th. Stockholders of record on Friday, November 16th will be issued a dividend of $0.395 per share. This is a boost from Dorel Industries’s previous quarterly dividend of $0.39. This represents a $1.58 dividend on an annualized basis and a dividend yield of 4.86%. The ex-dividend date of this dividend is Thursday, November 15th.
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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.
Further Reading: Fundamental Analysis and Individual Investors
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