Toromont Industries Ltd. (TSE:TIH – Get Free Report) Director Peter James Blake bought 300 shares of the firm’s stock in a transaction on Friday, August 2nd. The stock was acquired at an average cost of C$122.53 per share, with a total value of C$36,758.01.
Toromont Industries Price Performance
TSE:TIH opened at C$125.59 on Wednesday. The stock has a market cap of C$10.32 billion, a P/E ratio of 20.13, a PEG ratio of 3.72 and a beta of 0.73. Toromont Industries Ltd. has a one year low of C$100.81 and a one year high of C$135.53. The company has a fifty day moving average price of C$121.91 and a 200 day moving average price of C$123.99. The company has a debt-to-equity ratio of 24.51, a current ratio of 2.65 and a quick ratio of 1.38.
Toromont Industries Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Friday, September 6th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date of this dividend is Friday, September 6th. Toromont Industries’s dividend payout ratio is 30.77%.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on Toromont Industries
Toromont Industries Company Profile
Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services.
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