Richelieu Hardware Ltd. (TSE:RCH) Senior Officer Sells C$112,632.90 in Stock

Richelieu Hardware Ltd. (TSE:RCH) Senior Officer Guy Grenier sold 3,000 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of C$37.54, for a total value of C$112,632.90.

Guy Grenier also recently made the following trade(s):

• On Monday, August 26th, Guy Grenier sold 3,000 shares of Richelieu Hardware stock. The stock was sold at an average price of C$38.98, for a total value of C$116,943.00.

Richelieu Hardware Price Performance

TSE RCH opened at C$38.86 on Wednesday. The company has a debt-to-equity ratio of 26.31, a quick ratio of 0.72 and a current ratio of 3.46. The stock has a market cap of C$2.16 billion, a price-to-earnings ratio of 24.26, a PEG ratio of 0.77 and a beta of 0.94. The business has a 50 day simple moving average of C$38.92 and a 200 day simple moving average of C$39.25. Richelieu Hardware Ltd. has a 52-week low of C$36.30 and a 52-week high of C$48.27.

Richelieu Hardware (TSE:RCH) last released its earnings results on Thursday, October 10th. The company reported C$0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.44 by C($0.03). The firm had revenue of C$467.75 million for the quarter, compared to the consensus estimate of C$468.40 million. Richelieu Hardware had a return on equity of 10.32% and a net margin of 4.97%.

Richelieu Hardware Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Thursday, October 24th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date of this dividend was Thursday, October 24th. Richelieu Hardware’s dividend payout ratio (DPR) is currently 37.50%.

Richelieu Hardware Company Profile

Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in Canada and the United States. The company’s principal product categories include furniture, glass and building decorative, and functional hardware; lighting systems; finishing and decorating products; ergonomic workstation components; kitchen and closet storage solutions; sliding door systems; decorative and functional panels; high-pressure laminates; railing and balusters; floor protection products; and power tool accessories.