K-Bro Linen Inc. (KBL) to Issue Monthly Dividend of $0.10 on April 14th

K-Bro Linen Inc. (TSE:KBL – Get Rating) declared a monthly dividend on Wednesday, March 15th, Zacks reports. Investors of record on Friday, March 31st will be given a dividend of 0.10 per share on Friday, April 14th. This represents a $1.20 annualized dividend and a yield of 3.91%. The ex-dividend date of this dividend is Thursday, March 30th.

K-Bro Linen Price Performance

KBL opened at C$30.69 on Friday. K-Bro Linen has a 52-week low of C$26.53 and a 52-week high of C$34.27. The company has a 50 day moving average of C$29.60 and a two-hundred day moving average of C$29.26. The company has a market cap of C$330.53 million, a P/E ratio of 63.94, a P/E/G ratio of 3.50 and a beta of 1.18. The company has a quick ratio of 0.87, a current ratio of 1.68 and a debt-to-equity ratio of 52.10.

K-Bro Linen Company Profile

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K-Bro Linen Inc, together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, and drapes and other linens.