Dorel Industries Inc (TSE:DII) Increases Dividend to $0.39 Per Share

Dorel Industries Inc (TSE:DII) announced a quarterly dividend on Thursday, November 2nd, Zacks reports. Shareholders of record on Thursday, November 16th will be paid a dividend of 0.387 per share on Thursday, November 30th. This represents a $1.55 annualized dividend and a dividend yield of 5.14%. The ex-dividend date of this dividend is Wednesday, November 15th. This is a boost from Dorel Industries’s previous quarterly dividend of $0.30.

Dorel Industries (DII) traded down C$0.11 during trading hours on Friday, hitting C$30.09. 24,134 shares of the stock were exchanged, compared to its average volume of 34,094. Dorel Industries has a twelve month low of C$28.31 and a twelve month high of C$40.85.

ILLEGAL ACTIVITY NOTICE: This story was originally posted by Week Herald and is owned by of Week Herald. If you are viewing this story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The original version of this story can be viewed at

Several equities analysts recently commented on DII shares. National Bank Financial reiterated a “sector perform overweight” rating on shares of Dorel Industries in a research note on Tuesday, August 8th. B. Riley reiterated a “buy” rating on shares of Dorel Industries in a research note on Friday, November 3rd.

Dorel Industries Company Profile

Dorel Industries Inc is a Canada-based global consumer products company which designs, manufactures and distributes a portfolio of product brands. The Company markets its products in the United States, Europe, Latin America, Canada, and Asia. The Company operates through three segments: Dorel Juvenile, Dorel Sports and Dorel Home Furnishings.

Receive News & Ratings for Dorel Industries Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dorel Industries Inc and related companies with's FREE daily email newsletter.

Leave a Reply