Finning International Inc. (OTCMKTS:FINGF) Receives Consensus Rating of “Moderate Buy” from Brokerages

Finning International Inc. (OTCMKTS:FINGF) has received an average rating of “Moderate Buy” from the six research firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company.

Several brokerages recently issued reports on FINGF. BMO Capital Markets reiterated an “outperform” rating on shares of Finning International in a research note on Wednesday, May 14th. National Bankshares downgraded shares of Finning International from an “outperform” rating to a “sector perform” rating in a research note on Thursday, May 22nd. TD Securities reiterated a “buy” rating on shares of Finning International in a research note on Wednesday, May 14th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Finning International in a research note on Thursday, May 15th. Finally, Raymond James Financial reiterated an “outperform” rating on shares of Finning International in a research note on Wednesday, May 14th.

Finning International Trading Up 0.6%

Shares of OTCMKTS:FINGF opened at $40.94 on Wednesday. Finning International has a 52-week low of $23.89 and a 52-week high of $45.55. The company has a 50-day simple moving average of $42.82 and a 200 day simple moving average of $35.05.

Finning International Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, September 4th. Shareholders of record on Friday, August 22nd will be given a dividend of $0.2194 per share. This represents a yield of 214.0%. This is a boost from Finning International’s previous dividend of $0.22. The ex-dividend date is Thursday, August 21st. Finning International’s dividend payout ratio (DPR) is 37.53%.

Finning International Company Profile

Finning International Inc sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, Bolivia, the United Kingdom, Argentina, Ireland, and internationally. The company offers articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, drills, electric rope shovels, excavators, hydraulic mining shovels, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, skid steer and compact track loaders, track loaders, underground-hard rock, wheel loaders, and wheel tractor-scrapers, as well as mobile and stationary generator sets.