Sleep Country Canada Holdings Inc (ZZZ) to Issue Quarterly Dividend of $0.17 on November 27th

Sleep Country Canada Holdings Inc (TSE:ZZZ) declared a quarterly dividend on Thursday, November 16th, TickerTech reports. Investors of record on Monday, November 27th will be paid a dividend of 0.165 per share on Monday, November 27th. This represents a $0.66 annualized dividend and a yield of 2.05%. The ex-dividend date is Thursday, November 16th.

Sleep Country Canada Holdings (TSE:ZZZ) opened at C$32.22 on Wednesday. Sleep Country Canada Holdings has a 52 week low of C$26.73 and a 52 week high of C$42.36.

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In related news, insider Dave Howcroft purchased 2,900 shares of Sleep Country Canada Holdings stock in a transaction on Friday, August 25th. The stock was acquired at an average cost of C$33.45 per share, for a total transaction of C$97,005.00. Also, Director Christine Magee sold 39,900 shares of the firm’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of C$32.38, for a total transaction of C$1,291,962.00. Over the last quarter, insiders have sold 41,300 shares of company stock valued at $1,336,862.

Several equities analysts recently commented on ZZZ shares. Scotiabank reissued an “outperform” rating and issued a C$44.00 price objective on shares of Sleep Country Canada Holdings in a research note on Monday, July 24th. National Bank Financial dropped their price objective on shares of Sleep Country Canada Holdings from C$45.00 to C$40.00 and set an “outperform” rating for the company in a research note on Friday, August 4th. CIBC dropped their price objective on shares of Sleep Country Canada Holdings from C$44.00 to C$42.00 in a research note on Thursday, November 2nd. Raymond James Financial, Inc. downgraded shares of Sleep Country Canada Holdings from an “outperform” rating to a “market perform” rating and set a C$40.00 price objective for the company. in a research note on Thursday, October 26th. Finally, TD Securities raised their price target on shares of Sleep Country Canada Holdings from C$42.00 to C$45.00 and gave the company a “buy” rating in a research note on Wednesday, October 11th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of C$40.83.

About Sleep Country Canada Holdings

Sleep Country Canada Holdings Inc operates as a specialty mattress retailer in Canada. The company offers a range of mattresses; and sleep related products and accessories, such as bed frames, pillows, mattress pads, sheets, duvets, headboards, and footboards. As of September 6, 2017, it operated 244 corporate-owned stores, including 191 Sleep Country stores across Canada and 53 Dormez-vous stores in Quebec.

Dividend History for Sleep Country Canada Holdings (TSE:ZZZ)

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