ADF Group Inc. Announces Semi-Annual Dividend of $0.01 (TSE:DRX)

ADF Group Inc. (TSE:DRX) announced a Semi-Annual dividend on Thursday, April 11th, Zacks reports. Shareholders of record on Friday, April 26th will be paid a dividend of 0.01 per share on Wednesday, May 15th. The ex-dividend date is Thursday, April 25th.

ADF Group Stock Performance

Shares of TSE:DRX opened at C$14.93 on Wednesday. ADF Group has a 12-month low of C$2.09 and a 12-month high of C$15.00. The company’s 50 day moving average price is C$9.93 and its two-hundred day moving average price is C$7.58. The firm has a market cap of C$273.22 million, a PE ratio of 16.59 and a beta of 0.80. The company has a quick ratio of 1.74, a current ratio of 1.96 and a debt-to-equity ratio of 32.20.

ADF Group (TSE:DRX) last issued its quarterly earnings results on Thursday, April 11th. The company reported C$0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.26 by C$0.06. The business had revenue of C$88.39 million during the quarter, compared to analysts’ expectations of C$77.10 million. ADF Group had a return on equity of 21.20% and a net margin of 10.01%. Equities research analysts predict that ADF Group will post 0.2 earnings per share for the current year.

ADF Group Company Profile

ADF Group Inc engages in the design and engineering of connections in Canada and the United States. It also fabricates and installs complex steel structures and heavy steel built-ups, as well as miscellaneous and architectural metalwork services. In addition, the company offers products and services for various segments of the non-residential construction industry, including office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructures.