Dividend Investors: Don’t Be Deterred by Low Yield | The Motley Fool Canada: Metro Inc. (TSX:MRU) operates 600 grocery stores and 250 pharmacies in Ontario and Quebec. The company just reported a 13.9% gain in year-over-year fiscal Q4 net earnings, and investors should see the strong results continue.
Metro pays a quarterly dividend of $0.117 per share, which is 16.7% higher than a year ago. The yield on the distribution is 1.2%.
The company has more than doubled the dividend payout in the past five years, and investors have benefited from a 150% gain in the stock price during that time frame."
'via Blog this'
Metro pays a quarterly dividend of $0.117 per share, which is 16.7% higher than a year ago. The yield on the distribution is 1.2%.
The company has more than doubled the dividend payout in the past five years, and investors have benefited from a 150% gain in the stock price during that time frame."
'via Blog this'
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