Alimentation Couche-Tard Inc. (ATD) To Go Ex-Dividend on March 27th

Alimentation Couche-Tard Inc. (TSE:ATD) announced a quarterly dividend on Thursday, March 27th, TickerTech Dividends reports. Shareholders of record on Thursday, April 10th will be given a dividend of 0.195 per share on Thursday, April 10th. This represents a $0.78 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date is Thursday, March 27th.

Alimentation Couche-Tard Trading Down 0.9 %

TSE ATD opened at C$69.78 on Friday. Alimentation Couche-Tard has a one year low of C$65.95 and a one year high of C$85.53. The company has a debt-to-equity ratio of 101.54, a current ratio of 0.99 and a quick ratio of 0.88. The stock has a market capitalization of C$46.36 billion, a P/E ratio of 18.20, a P/E/G ratio of 1.35 and a beta of 0.89. The business has a 50 day simple moving average of C$72.39 and a 200 day simple moving average of C$75.41.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. JPMorgan Chase & Co. cut their target price on Alimentation Couche-Tard from C$89.00 to C$86.00 and set an “overweight” rating on the stock in a report on Tuesday, March 18th. TD Securities decreased their target price on shares of Alimentation Couche-Tard from C$90.00 to C$89.00 and set a “buy” rating for the company in a research report on Tuesday, February 18th. BMO Capital Markets dropped their price target on shares of Alimentation Couche-Tard from C$85.00 to C$82.00 in a research report on Thursday, March 20th. National Bank Financial raised Alimentation Couche-Tard from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. Finally, CIBC cut their target price on Alimentation Couche-Tard from C$87.00 to C$85.00 and set an “outperform” rating on the stock in a research report on Thursday, March 20th. Ten investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of C$86.33.

About Alimentation Couche-Tard

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. Its convenience stores sell tobacco products and alternative tobacco products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.