Andlauer Healthcare Group Inc. (TSE:AND) Declares Quarterly Dividend of $0.10

Andlauer Healthcare Group Inc. (TSE:AND) declared a quarterly dividend on Friday, March 15th, Zacks reports. Shareholders of record on Thursday, March 28th will be given a dividend of 0.10 per share on Monday, April 15th. This represents a $0.40 annualized dividend and a yield of 0.93%. The ex-dividend date is Wednesday, March 27th. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.09.

Andlauer Healthcare Group Price Performance

Shares of Andlauer Healthcare Group stock traded down C$0.40 on Tuesday, reaching C$42.85. 19,480 shares of the stock were exchanged, compared to its average volume of 30,301. The firm’s 50 day moving average is C$40.66 and its 200-day moving average is C$40.17. The firm has a market cap of C$834.72 million, a PE ratio of 27.65 and a beta of 0.69. The company has a debt-to-equity ratio of 27.24, a quick ratio of 1.66 and a current ratio of 2.52. Andlauer Healthcare Group has a one year low of C$36.76 and a one year high of C$53.00.

Analyst Upgrades and Downgrades

AND has been the topic of a number of research analyst reports. TD Securities raised their price target on shares of Andlauer Healthcare Group from C$51.00 to C$52.00 and gave the company a “buy” rating in a research note on Thursday, March 7th. National Bankshares boosted their target price on shares of Andlauer Healthcare Group from C$46.00 to C$47.00 and gave the stock a “sector perform” rating in a research note on Thursday, March 7th. Royal Bank of Canada increased their price target on Andlauer Healthcare Group from C$41.00 to C$43.00 and gave the company a “sector perform” rating in a research note on Thursday, March 7th. Eight Capital reduced their price objective on Andlauer Healthcare Group from C$62.00 to C$58.00 and set a “buy” rating on the stock in a research report on Thursday, March 7th. Finally, CIBC increased their target price on Andlauer Healthcare Group from C$50.00 to C$52.00 and gave the company an “outperform” rating in a research report on Thursday, March 7th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$50.64.

Andlauer Healthcare Group Company Profile

Andlauer Healthcare Group Inc, a supply chain management company, provides a platform of customized third-party logistics (3PL) and specialized transportation solutions for the healthcare sector in Canada and the United States. The company operates in two segments, Specialized Transportation and Healthcare Logistics.