Stingray Digitl Declares Quarterly Dividend of $0.08 (TSE:RAY)

by · The Markets Daily

Stingray Digitl (TSE:RAYGet Free Report) announced a quarterly dividend on Tuesday, November 5th, Zacks reports. Stockholders of record on Friday, November 29th will be paid a dividend of 0.075 per share on Friday, December 13th. This represents a $0.30 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Friday, November 29th.

Stingray Digitl Stock Performance

Stingray Digitl (TSE:RAYGet Free Report) last issued its quarterly earnings data on Tuesday, August 6th. The company reported C$0.20 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.21 by C($0.01). The firm had revenue of C$89.07 million during the quarter, compared to analyst estimates of C$84.55 million.

Wall Street Analyst Weigh In

Separately, Cibc World Mkts raised Stingray Digitl to a “strong-buy” rating in a research note on Thursday, August 8th.

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Stingray Digitl Company Profile

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Leveraging our expertise in personal care electrical appliance industry, we aim to promote consumer lifestyles and drive the awareness of personal grooming. Through Pure Beauty, we principally engage in the sourcing and wholesaling of personal care electrical appliances for international brand owners.

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