Urbana Co. (TSE:URB) Declares Dividend Increase – $0.10 Per Share

Urbana Co. (TSE:URB) announced an annual dividend on Thursday, January 6th, Zacks reports. Investors of record on Monday, January 17th will be paid a dividend of 0.10 per share on Monday, January 31st. This represents a yield of 2.77%. The ex-dividend date is Friday, January 14th. This is an increase from Urbana’s previous annual dividend of $0.09.

Shares of Urbana stock opened at C$3.56 on Thursday. The firm has a market cap of C$154.86 million and a price-to-earnings ratio of 2.01. Urbana has a 52-week low of C$2.61 and a 52-week high of C$3.90. The company’s 50-day simple moving average is C$3.65 and its 200-day simple moving average is C$3.53. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 8.13.

Urbana (TSE:URB) last released its quarterly earnings data on Thursday, November 11th. The company reported C$0.24 earnings per share (EPS) for the quarter. The business had revenue of C$14.15 million during the quarter.

Urbana Company Profile

Urbana Corporation is an investment fund launched and managed by Caldwell Investment Management Ltd. For its equity investment the fund primarily invests in public equity markets of United States and Canada. The fund primarily focuses on U.S. financial companies and Canadian resource companies for equity investments.

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