Jamieson Wellness Inc. (JWEL) to Issue Quarterly Dividend of $0.23 on March 16th

Jamieson Wellness Inc. (TSE:JWEL) declared a quarterly dividend on Friday, March 6th, TickerTech Dividends reports. Stockholders of record on Monday, March 16th will be given a dividend of 0.23 per share on Monday, March 16th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Friday, March 6th.

Jamieson Wellness Price Performance

Shares of JWEL stock opened at C$37.05 on Wednesday. The stock’s 50-day moving average is C$35.70 and its 200 day moving average is C$35.40. Jamieson Wellness has a 1-year low of C$27.90 and a 1-year high of C$39.30. The company has a debt-to-equity ratio of 97.24, a current ratio of 2.59 and a quick ratio of 1.08. The company has a market cap of C$1.55 billion, a P/E ratio of 25.91 and a beta of 1.59.

Jamieson Wellness (TSE:JWEL) last announced its earnings results on Thursday, February 26th. The company reported C$0.90 EPS for the quarter. Jamieson Wellness had a net margin of 7.60% and a return on equity of 12.97%. The business had revenue of C$277.66 million during the quarter. Research analysts predict that Jamieson Wellness will post 2.1438892 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. TD Securities increased their target price on shares of Jamieson Wellness from C$46.00 to C$48.00 and gave the company a “buy” rating in a research report on Monday. National Bank Financial upped their price target on Jamieson Wellness from C$40.50 to C$45.00 and gave the stock an “outperform” rating in a research report on Monday, February 23rd. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Jamieson Wellness currently has an average rating of “Buy” and a consensus price target of C$44.25.

Jamieson Wellness Company Profile

Jamieson Wellness Inc is engaged in the manufacturing, distributing, and marketing of branded natural health products, including vitamins, minerals, and supplements. The company operates in two segments: The Jamieson brands and The Strategic Partners. The majority of its revenue comes from the Jamieson brand segment. Some of its brands are Jamieson, Progressive, Precision, and Iron Vegan. Geographically, most of its revenue is derived from the domestic market.