Spin Master Corp. (TOY) to Issue Quarterly Dividend of $0.12 on January 10th

Spin Master Corp. (TSE:TOY) announced a quarterly dividend on Friday, December 27th,Zacks Dividends reports. Investors of record on Friday, January 10th will be paid a dividend of 0.12 per share on Friday, January 10th. This represents a $0.48 annualized dividend and a dividend yield of 1.43%. The ex-dividend date is Friday, December 27th.

Spin Master Trading Up 0.3 %

Shares of TSE:TOY opened at C$33.61 on Wednesday. The stock’s 50-day simple moving average is C$32.35 and its two-hundred day simple moving average is C$31.06. The stock has a market capitalization of C$1.17 billion, a price-to-earnings ratio of 58.96, a PEG ratio of 0.57 and a beta of 1.86. Spin Master has a 52-week low of C$27.52 and a 52-week high of C$36.82. The company has a debt-to-equity ratio of 47.83, a quick ratio of 2.06 and a current ratio of 1.02.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Royal Bank of Canada dropped their price objective on shares of Spin Master from C$46.00 to C$43.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. Cormark lifted their price target on shares of Spin Master from C$42.00 to C$45.00 in a research note on Friday, November 1st. Finally, TD Securities set a C$46.00 price objective on Spin Master and gave the stock a “buy” rating in a research note on Tuesday, September 24th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Spin Master currently has an average rating of “Moderate Buy” and an average target price of C$42.13.

Spin Master Company Profile

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.