CWB Has Planned A Quarterly Dividend Of $0.29

CWB
CWB

The stocks of CWB have stated their quarterly dividend on the 28th of May, according to a report sent out to investors. Several other investors who have been placed on record will be provided with a dividend of 0.29 on the 24th of June. This indicates a dividend sum of $1.16 on an annual basis with a dividend yield set at 3.17%. 

The Quarterly Estimates Of CWB

The stocks of CWB traded on Friday at $36.60. The year low of the company is C$22.05, with the year high settling at C$37.75. The moving average price of the company over a period of 50 days is C$34.14, with the moving average price of the company over a period of 200 days is C$31.37. The market cap for the firm is C$3.19 billion, with a 12.44 PE ratio. 

CWB previously reported their quarterly earnings data on the 26th of February. The EPS reported by the company during this period was C$0.93, which was more than the consensus estimate setting at C$0.75. The revenue generated by the company during this period was C$245.09 million, which was more than the consensus estimate of C$235.83 million. 

There have been quite a few research equities that have commented on the stocks of CWB. Raymond James has already reduced the price rating of the company from outperform to market perform with a price target increased to C$35.50 in a 1st March research report. Scotiabank has increased the price rating of the company from sector perform to outperform with a price target of C$41 in a 20th May research report. 

Four of the investment analysts have issued the stocks with a rating of hold, while four of the equities have issued the company with a rating of buy. Currently, CWB has a buy rating with a C$36.23 price target.