Leon’s Furniture Limited (TSE:LNF – Get Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$27.95 and last traded at C$27.51, with a volume of 3653 shares trading hands. The stock had previously closed at C$27.42.
Analyst Upgrades and Downgrades
Separately, BMO Capital Markets upped their price target on Leon’s Furniture from C$23.00 to C$24.00 in a report on Thursday, May 9th.
Get Our Latest Analysis on LNF
Leon’s Furniture Trading Up 1.5 %
Leon’s Furniture Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, October 7th. Stockholders of record on Monday, September 9th will be given a $0.20 dividend. This is a positive change from Leon’s Furniture’s previous quarterly dividend of $0.18. The ex-dividend date is Monday, September 9th. This represents a $0.80 annualized dividend and a dividend yield of 2.87%. Leon’s Furniture’s dividend payout ratio (DPR) is 37.38%.
About Leon’s Furniture
Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. It operates in two segments, Leon's and The Brick. The company provides repair services for household furniture, electronics, and appliances; home office products; warranties; and credit insurance products, including life, dismemberment, disability, critical illness, and involuntary unemployment.
Read More
- Five stocks we like better than Leon’s Furniture
- What is a Death Cross in Stocks?
- JD.com’s Record Net Profit Underscores Its Financial Strength
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Berkshire Hathaway’s Latest Portfolio Moves: A Strategic Shuffle
- Stock Splits, Do They Really Impact Investors?
- 3 Affordable Stocks Under $10 Ready to Rebound Soon
Receive News & Ratings for Leon's Furniture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leon's Furniture and related companies with MarketBeat.com's FREE daily email newsletter.