Brick Brewing Co. Limited (TSE:BRB) – Analysts at M Partners issued their FY2018 earnings per share (EPS) estimates for Brick Brewing in a research note issued to investors on Wednesday. M Partners analyst Z. Greenwald expects that the company will post earnings of $0.08 per share for the year. M Partners currently has a “Buy” rating on the stock. M Partners also issued estimates for Brick Brewing’s FY2019 earnings at $0.14 EPS.
Separately, Acumen Capital upped their target price on Brick Brewing from C$4.60 to C$4.80 in a report on Thursday.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 23rd. Shareholders of record on Tuesday, January 9th will be issued a dividend of $0.02 per share. The ex-dividend date is Monday, January 8th. This represents a $0.08 dividend on an annualized basis and a yield of 1.95%. This is a positive change from Brick Brewing’s previous quarterly dividend of $0.02. Brick Brewing’s dividend payout ratio is currently 53.33%.
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About Brick Brewing
Brick Brewing Co Limited produces, sells, markets, and distributes packaged and draft premium beer under the Waterloo brand; and value beer under the Laker, Red Baron, Red Cap, and Formosa brands in Canada and the United States. The company also produces, sells, markets, and distributes vodka and malt based coolers, and ciders under the Seagram Coolers brand, as well as produces, sells, markets, and distributes various beer products under co-packaging agreements.
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