Dominion Lending Centres (TSE:DLC) Upgraded to “Moderate Buy” at Desjardins

Desjardins upgraded shares of Dominion Lending Centres (TSE:DLCFree Report) from a hold rating to a moderate buy rating in a research note released on Tuesday morning, Zacks.com reports.

Dominion Lending Centres Stock Performance

Dominion Lending Centres (TSE:DLCGet Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The company reported C$0.05 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.01). The firm had revenue of C$18.79 million for the quarter, compared to analyst estimates of C$18.35 million.

Dominion Lending Centres Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Monday, September 2nd were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of ∞. The ex-dividend date of this dividend was Friday, August 30th.

Further Reading

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