Hudson's Bay Co (TSE:HBC) announced a quarterly dividend on Wednesday, December 6th, Zacks reports. Stockholders of record on Friday, December 29th will be given a dividend of 0.013 per share on Monday, January 15th. This represents a $0.05 annualized dividend and a dividend yield of 0.49%. The ex-dividend date of this dividend is Thursday, December 28th.

Hudson's Bay (HBC) traded up C$0.03 on Friday, hitting C$10.61. The stock had a trading volume of 323,600 shares, compared to its average volume of 598,797. The firm has a market cap of $1,940.00, a PE ratio of -2.37 and a beta of 1.21. Hudson's Bay has a 1-year low of C$8.08 and a 1-year high of C$13.45.

In other news, insider Donald William Watros sold 71,200 shares of Hudson's Bay stock in a transaction on Thursday, September 28th. The stock was sold at an average price of C$10.60, for a total value of C$754,720.00.

Several brokerages recently issued reports on HBC. Royal Bank of Canada reaffirmed a “sector perform” rating and set a C$9.00 price objective on shares of Hudson's Bay in a report on Wednesday, August 30th. National Bank Financial lifted their price objective on Hudson's Bay from C$13.00 to C$14.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 25th. CIBC lifted their price objective on Hudson's Bay from C$12.50 to C$14.00 in a report on Wednesday, October 25th. Cowen reduced their price objective on Hudson's Bay from C$14.00 to C$12.00 in a report on Thursday, December 7th. Finally, BMO Capital Markets cut Hudson's Bay from an “outperform” rating to a “market perform” rating and set a C$11.00 price objective for the company. in a report on Friday, December 8th. Nine analysts have rated the stock with a hold rating, Hudson's Bay presently has a consensus rating of “Hold” and a consensus price target of C$11.72.

WARNING: “Hudson's Bay Co (HBC) Announces $0.01 Quarterly Dividend” was originally reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this piece on another site, it was copied illegally and republished in violation of US & international copyright & trademark law. The correct version of this piece can be accessed at https://theolympiareport.com/2017/12/23/hudsons-bay-co-hbc-announces-0-01-quarterly-dividend.html.

Hudson's Bay Company Profile

Hudson’s Bay Company (HBC) is a Canada-based department store retailer. The Company is an operator and a consolidator, as well as a real estate developer. The Company’s retail portfolio includes approximately 10 banners, in formats ranging from luxury to better department stores to off price fashion shopping destinations, with over 460 stores.

Dividend History for Hudson's Bay (TSE:HBC)

Receive News & Ratings for Hudson's Bay Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hudson's Bay and related companies with Analyst Ratings Network's FREE daily email newsletter.