Leon’s Furniture Ltd. (TSE:LNF) declared a quarterly dividend on Wednesday, November 14th, Zacks reports. Shareholders of record on Friday, December 7th will be given a dividend of 0.14 per share on Monday, January 7th. This represents a $0.56 annualized dividend and a yield of 3.71%. The ex-dividend date of this dividend is Thursday, December 6th. This is a boost from Leon’s Furniture’s previous quarterly dividend of $0.12.
LNF opened at C$15.10 on Wednesday. Leon’s Furniture has a 52 week low of C$14.70 and a 52 week high of C$19.50. The company has a debt-to-equity ratio of 27.23, a quick ratio of 0.65 and a current ratio of 1.55.
Leon’s Furniture (TSE:LNF) last released its quarterly earnings data on Wednesday, November 14th. The company reported C$0.42 EPS for the quarter, missing the consensus estimate of C$0.45 by C($0.03). The business had revenue of C$592.33 million during the quarter. Sell-side analysts expect that Leon’s Furniture will post 1.37999997440212 earnings per share for the current year.
In related news, Director Terrence Leon purchased 4,200 shares of the business’s stock in a transaction dated Friday, November 16th. The shares were acquired at an average cost of C$15.41 per share, for a total transaction of C$64,722.00. Insiders bought a total of 11,500 shares of company stock worth $176,883 over the last quarter.
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About Leon’s Furniture
Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of furniture, appliances, and home electronics in Canada. The company sells a range of home furniture, mattresses, appliances, and electronics, as well as acts as a commercial retailer of appliances to builders, developers, hotels, and property management companies under the Leon's, The Brick, The Brick Mattress Store, and The Brick Outlet banners.
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