Jamieson Wellness Inc. Declares Quarterly Dividend of $0.21 (TSE:JWEL)

Jamieson Wellness Inc. (TSE:JWEL) announced a quarterly dividend on Friday, March 7th, TickerTech Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.21 per share on Friday, March 14th. This represents a $0.84 annualized dividend and a dividend yield of 2.91%. The ex-dividend date of this dividend is Friday, March 7th.

Jamieson Wellness Stock Performance

JWEL traded up C$0.16 on Wednesday, hitting C$28.91. The company’s stock had a trading volume of 19,273 shares, compared to its average volume of 80,086. The company has a quick ratio of 1.08, a current ratio of 2.76 and a debt-to-equity ratio of 75.70. The firm has a market cap of C$1.21 billion, a P/E ratio of 30.38 and a beta of 0.63. Jamieson Wellness has a 12 month low of C$23.98 and a 12 month high of C$38.20. The company’s 50 day simple moving average is C$33.87 and its 200-day simple moving average is C$34.25.

Insider Activity at Jamieson Wellness

In other news, Senior Officer Regan Stewart sold 1,300 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of C$37.84, for a total transaction of C$49,192.00. 0.26% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently commented on JWEL shares. Royal Bank of Canada lifted their target price on shares of Jamieson Wellness from C$38.00 to C$41.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 25th. National Bankshares raised their price objective on shares of Jamieson Wellness from C$36.50 to C$42.00 in a research note on Monday, November 25th. BMO Capital Markets upped their price target on Jamieson Wellness from C$42.00 to C$46.00 in a report on Thursday, December 19th. Finally, TD Securities lifted their target price on shares of Jamieson Wellness from C$40.00 to C$42.00 and gave the stock a “buy” rating in a research report on Friday, November 8th.

About Jamieson Wellness

Jamieson Wellness Inc, together with its subsidiaries, develops, manufactures, distributes, markets, and sells of branded and customer branded health products for humans in Canada, the United States, China and internationally. It operates through two segments, Jamieson Brands and Strategic Partners. The Jamieson Brands segment manufactures, distributes, and markets branded natural health products including vitamins, minerals, and supplements.