K-Bro Linen Inc. (TSE:KBL) Announces $0.10 Monthly Dividend

K-Bro Linen Inc. (TSE:KBL – Get Rating) declared a monthly dividend on Wednesday, March 15th, Zacks reports. Investors of record on Friday, March 31st will be given a dividend of 0.10 per share on Friday, April 14th. This represents a $1.20 annualized dividend and a yield of 3.91%. The ex-dividend date is Thursday, March 30th.

K-Bro Linen Price Performance

Shares of KBL opened at C$30.69 on Friday. The company has a current ratio of 1.68, a quick ratio of 0.87 and a debt-to-equity ratio of 52.10. The stock’s 50 day moving average is C$29.60 and its two-hundred day moving average is C$29.26. K-Bro Linen has a twelve month low of C$26.53 and a twelve month high of C$34.27. The firm has a market capitalization of C$330.53 million, a PE ratio of 63.94, a P/E/G ratio of 3.50 and a beta of 1.18.

About K-Bro Linen

(Get Rating)

K-Bro Linen Inc, together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, and drapes and other linens.