Dye & Durham Limited (TSE:DND) Announces $0.02 Quarterly Dividend

Dye & Durham Limited (TSE:DND) declared a quarterly dividend on Wednesday, September 13th, Zacks reports. Stockholders of record on Wednesday, September 20th will be paid a dividend of 0.019 per share on Wednesday, September 27th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date is Tuesday, September 19th.

Dye & Durham Trading Down 19.0 %

TSE DND opened at C$16.45 on Friday. The stock has a market capitalization of C$903.11 million, a P/E ratio of -12.37 and a beta of 1.07. The business has a 50 day simple moving average of C$18.90 and a 200 day simple moving average of C$17.64. The company has a debt-to-equity ratio of 239.98, a current ratio of 1.60 and a quick ratio of 1.98. Dye & Durham has a one year low of C$11.62 and a one year high of C$23.14.

Wall Street Analyst Weigh In

Several brokerages have recently commented on DND. CIBC raised their price objective on shares of Dye & Durham from C$25.00 to C$28.00 and gave the stock an “outperform” rating in a research report on Thursday. Raymond James increased their target price on shares of Dye & Durham from C$23.00 to C$25.00 and gave the stock an “outperform” rating in a research note on Thursday.

Dye & Durham Company Profile

Dye & Durham Limited, through its subsidiary, Dye & Durham Corporation, provides cloud-based software and technology solutions for legal firms, financial service institutions, and government organizations in Canada, Australia, Ireland, and the United Kingdom. It offers real estate and legal practice management software enabling customers to execute transactions reliably, securely, and easily; unity, a real-estate conveyancing software; and cloud-based software solutions, including online property and business regulatory information, practice management software, conveyancing workflow, electronic contracts, and legal support services.