Supremex Inc. (TSE:SXP) Increases Dividend to $0.05 Per Share

Supremex Inc. (TSE:SXP) declared a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Shareholders of record on Thursday, December 5th will be given a dividend of 0.05 per share on Friday, December 20th. This represents a $0.20 dividend on an annualized basis and a yield of 4.99%. The ex-dividend date is Thursday, December 5th. This is a boost from Supremex’s previous quarterly dividend of $0.04.

Supremex Price Performance

TSE:SXP opened at C$4.01 on Friday. The firm has a market cap of C$99.13 million, a price-to-earnings ratio of 9.11, a price-to-earnings-growth ratio of 0.31 and a beta of 1.32. The company has a current ratio of 2.14, a quick ratio of 1.01 and a debt-to-equity ratio of 72.60. The company’s 50-day moving average is C$4.09 and its two-hundred day moving average is C$3.99. Supremex has a 12-month low of C$3.40 and a 12-month high of C$4.54.

Supremex (TSE:SXP) last released its earnings results on Thursday, August 8th. The company reported C$0.08 earnings per share (EPS) for the quarter. The company had revenue of C$69.34 million for the quarter, compared to analyst estimates of C$65.40 million. Supremex had a net margin of 3.93% and a return on equity of 8.31%. Research analysts expect that Supremex will post 0.7454874 EPS for the current year.

About Supremex

Supremex Inc engages in the manufacture and markets envelopes, and paper-based packaging solutions and specialty products to corporations, resellers, government entities, small and medium sized enterprises, direct mailers, and solutions providers primarily in Canada and the United States. The company offers a range of stock and custom envelopes in various styles, shapes, and colors; and e-Commerce fulfillment packaging solutions; labels; polyethylene bags for courier applications; and bubble mailers.