Andrew Peller (TSE:ADW) Plans Dividend Increase – $0.05 Per Share

Andrew Peller (TSE:ADW) declared a quarterly dividend on Wednesday, June 12th, Zacks reports. Shareholders of record on Friday, June 28th will be given a dividend of 0.054 per share on Friday, July 5th. This represents a $0.22 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Thursday, June 27th. This is a boost from Andrew Peller’s previous quarterly dividend of $0.05.

Andrew Peller has a fifty-two week low of C$10.40 and a fifty-two week high of C$19.04.

In other news, Director Mark William Cosens sold 2,670 shares of Andrew Peller stock in a transaction on Monday, June 17th. The stock was sold at an average price of C$13.85, for a total transaction of C$36,979.50. Following the sale, the director now directly owns 3,700 shares in the company, valued at approximately C$51,245.

About Andrew Peller

Andrew Peller Ltd is a Canada-based company, which produces and markets wine and wine related products. The Company’s brands include Peller Estates, Trius, Thirty Bench, Wayne Gretzky, Sandhill, Conviction, Red Rooster, Peller Estates French Cross, Peller Estates Proprietors Reserve, Copper Moon, Black Cellar, XOXO, skinnygrape, Hochtaler, Domaine D’Or, Schloss Laderheim, Royal and Sommet.

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