Sleep Country Canada Holdings Inc. Plans Quarterly Dividend of $0.17 (TSE:ZZZ)

Sleep Country Canada Holdings Inc. (TSE:ZZZ) announced 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 2.02%. The ex-dividend date of this dividend is Thursday, November 16th.

Shares of Sleep Country Canada (TSE ZZZ) traded up C$0.12 on Thursday, hitting C$32.63. The stock had a trading volume of 168,255 shares, compared to its average volume of 76,024. Sleep Country Canada has a twelve month low of C$27.30 and a twelve month high of C$42.36.

Several equities research analysts have issued reports on the company. CIBC reduced their price objective on Sleep Country Canada from C$44.00 to C$42.00 in a research report on Thursday, November 2nd. National Bank Financial reduced their price objective on Sleep Country Canada from C$40.00 to C$39.00 and set an “outperform” rating for the company in a research report on Friday, November 3rd. BMO Capital Markets reduced their price objective on Sleep Country Canada from C$44.00 to C$41.00 in a research report on Friday, November 3rd. Raymond James Financial cut Sleep Country Canada from an “outperform” rating to a “market perform” rating and set a C$40.00 price target for the company. in a research report on Thursday, October 26th. Finally, TD Securities cut Sleep Country Canada from a “buy” rating to a “hold” rating and reduced their price target for the company from C$45.00 to C$41.00 in a research report on Thursday, November 2nd. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of C$40.83.

In other Sleep Country Canada news, 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 ninety days, insiders sold 41,300 shares of company stock valued at $1,336,862.

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About Sleep Country Canada

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 (TSE:ZZZ)

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