Supremex Inc. (TSE:SXP) Announces $0.04 Quarterly Dividend

Supremex Inc. (TSE:SXP) announced a quarterly dividend on Wednesday, August 7th, Zacks reports. Shareholders of record on Thursday, September 5th will be paid a dividend of 0.04 per share on Friday, September 27th. This represents a $0.16 annualized dividend and a yield of 4.16%. The ex-dividend date of this dividend is Thursday, September 5th.

Supremex Trading Up 2.9 %

TSE:SXP traded up C$0.11 on Friday, hitting C$3.85. 11,900 shares of the stock were exchanged, compared to its average volume of 26,206. The stock has a market capitalization of C$97.14 million, a price-to-earnings ratio of 8.75, a P/E/G ratio of 0.31 and a beta of 1.38. Supremex has a 52 week low of C$3.40 and a 52 week high of C$5.42. The company has a debt-to-equity ratio of 67.92, a quick ratio of 1.01 and a current ratio of 2.06. The company’s 50-day moving average price is C$3.88 and its 200 day moving average price is C$3.96.

Supremex (TSE:SXP) last announced its quarterly earnings data on Thursday, August 8th. The company reported C$0.08 earnings per share for the quarter. The firm had revenue of C$69.34 million during the quarter, compared to analysts’ expectations of C$65.40 million. Supremex had a return on equity of 8.42% and a net margin of 3.95%. On average, equities research analysts forecast that Supremex will post 0.6295681 earnings per share for the current year.

About Supremex

Supremex Inc engages in the manufacture and markets envelopes, and paper-based packaging solutions and specialty products to corporations, resellers, government entities, small and medium sized enterprises, direct mailers, and solutions providers primarily in Canada and the United States. The company offers a range of stock and custom envelopes in various styles, shapes, and colors; and e-Commerce fulfillment packaging solutions; labels; polyethylene bags for courier applications; and bubble mailers.