Black Diamond Group (TSE:BDI – Free Report) had its target price upped by Raymond James from C$10.00 to C$12.00 in a report released on Monday morning, BayStreet.CA reports. Raymond James currently has a strong-buy rating on the stock.
Separately, BMO Capital Markets increased their price objective on shares of Black Diamond Group from C$8.50 to C$10.00 in a research note on Friday.
Black Diamond Group Trading Up 1.6 %
Black Diamond Group Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Sunday, December 31st will be issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date is Thursday, December 28th. This is an increase from Black Diamond Group’s previous quarterly dividend of $0.02. Black Diamond Group’s dividend payout ratio (DPR) is 17.39%.
About Black Diamond Group
Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries in North America.
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