StorageVault Canada Inc. (SVI) to Issue Quarterly Dividend of $0.29 on October 15th

StorageVault Canada Inc. (TSE:SVI) declared a quarterly dividend on Friday, September 13th, Zacks reports. Stockholders of record on Friday, September 27th will be paid a dividend of 0.292 per share on Tuesday, October 15th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 23.31%. The ex-dividend date is Friday, September 27th. This is a positive change from StorageVault Canada’s previous quarterly dividend of $0.29.

StorageVault Canada Trading Down 0.2 %

Shares of StorageVault Canada stock opened at C$5.01 on Wednesday. The company has a 50-day moving average of C$4.79 and a two-hundred day moving average of C$4.81. The stock has a market cap of C$1.87 billion, a PE ratio of -62.63 and a beta of 0.88. StorageVault Canada has a 12-month low of C$3.83 and a 12-month high of C$5.50.

StorageVault Canada (TSE:SVI) last released its quarterly earnings data on Wednesday, July 24th. The company reported C($0.02) earnings per share for the quarter, missing the consensus estimate of C$0.06 by C($0.08). The firm had revenue of C$74.11 million during the quarter. StorageVault Canada had a negative net margin of 9.49% and a negative return on equity of 14.77%.

Analyst Ratings Changes

Separately, National Bank Financial raised shares of StorageVault Canada from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 17th.

About StorageVault Canada

StorageVault Canada Inc owns, manages, and rents self-storage and portable storage space to individual and commercial customers in Canada. It operates through three segments: Self Storage, Portable Storage, and Management Division. The company manages various stores owned by third parties; and stores, shreds, and manages documents and records for customers.