Crown Capital Partners Inc (TSE:CRWN) announced a quarterly dividend on Thursday, May 16th, TickerTech reports. Stockholders of record on Friday, May 31st will be paid a dividend of 0.15 per share on Friday, May 31st. This represents a $0.60 annualized dividend and a dividend yield of 6.82%. The ex-dividend date of this dividend is Thursday, May 16th.
Shares of TSE:CRWN opened at C$8.80 on Wednesday. The company has a debt-to-equity ratio of 12.65, a current ratio of 4.27 and a quick ratio of 4.26. The stock has a market capitalization of $85.92 million and a P/E ratio of 38.94. Crown Capital Partners has a 52 week low of C$8.55 and a 52 week high of C$10.48.
A number of brokerages have recently weighed in on CRWN. Acumen Capital reissued a “buy” rating and set a C$11.80 price objective on shares of Crown Capital Partners in a research note on Tuesday, February 19th. Raymond James reaffirmed an “outperform” rating and issued a C$11.50 target price on shares of Crown Capital Partners in a research note on Monday, February 11th. BMO Capital Markets reiterated an “outperform” rating and issued a C$11.00 price target on shares of Crown Capital Partners in a report on Wednesday, March 6th. Cormark reduced their target price on shares of Crown Capital Partners from C$12.00 to C$11.00 in a report on Thursday, March 7th. Finally, National Bank Financial reduced their target price on shares of Crown Capital Partners from C$11.00 to C$10.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 8th.
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Crown Capital Partners Inc is a private equity firm specializing in acquisitions, special situations, management and leveraged buyouts, recapitalizations, mezzanine, bridge loans, and growth capital investments in private and public middle market companies. The firm also provides leveraged working capital loan and also invests in the form of royalties.
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