Separately, Desjardins raised shares of Canadian Tire Co. Limited from a “hold” rating to a “buy” rating in a research report on Thursday, June 15th.
The company has a market capitalization of $16.03 billion and a P/E ratio of 23.49. The company has a 50 day moving average of $237.20 and a 200 day moving average of $222.27.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Tuesday, October 31st will be given a $0.65 dividend. The ex-dividend date of this dividend is Monday, October 30th. This represents a $2.60 annualized dividend and a yield of 1.11%.
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Canadian Tire Co. Limited Company Profile
Canadian Tire Corporation, Limited is a Canada-based company, which operates through a range of businesses. The Company’s segments include Retail, CT REIT and Financial Services. Its retail segment operates through its retail banners, including Canadian Tire, PartSource, Petroleum, Mark’s, and the various FGL Sports banners.
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