K-Bro Linen (TSE:KBL – Get Free Report) will post its quarterly earnings results after the market closes on Thursday, March 21st. Analysts expect K-Bro Linen to post earnings of C$0.45 per share for the quarter.
K-Bro Linen Stock Up 7.1 %
KBL stock opened at C$34.01 on Thursday. The company’s 50 day simple moving average is C$34.05 and its 200-day simple moving average is C$33.35. The firm has a market capitalization of C$363.57 million, a PE ratio of 26.99, a P/E/G ratio of 3.50 and a beta of 1.11. K-Bro Linen has a 12 month low of C$26.90 and a 12 month high of C$35.70. The company has a debt-to-equity ratio of 59.54, a current ratio of 1.76 and a quick ratio of 0.87.
K-Bro Linen Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Friday, March 15th. Investors of record on Thursday, February 29th will be paid a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.53%. The ex-dividend date of this dividend is Wednesday, February 28th. K-Bro Linen’s payout ratio is 95.24%.
Insider Transactions at K-Bro Linen
About K-Bro Linen
K-Bro Linen Inc, together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, tablecloths, and drapes and other linens.
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