Richelieu Hardware Ltd. (TSE:RCH) insider Christian Dion sold 300 shares of Richelieu Hardware stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of C$34.39, for a total transaction of C$10,317.00.
Christian Dion also recently made the following trade(s):
- On Monday, October 23rd, Christian Dion sold 300 shares of Richelieu Hardware stock. The stock was sold at an average price of C$32.72, for a total transaction of C$9,816.00.
- On Monday, August 14th, Christian Dion sold 250 shares of Richelieu Hardware stock. The stock was sold at an average price of C$31.32, for a total transaction of C$7,830.00.
Richelieu Hardware Ltd. (TSE RCH) traded up C$0.67 on Friday, reaching C$35.07. 43,863 shares of the company’s stock were exchanged, compared to its average volume of 32,910. Richelieu Hardware Ltd. has a 1 year low of C$24.92 and a 1 year high of C$35.06.
The firm also recently declared a quarterly dividend, which was paid on Thursday, November 2nd. Shareholders of record on Thursday, November 2nd were paid a dividend of $0.0567 per share. The ex-dividend date was Wednesday, October 18th. This represents a $0.23 dividend on an annualized basis and a yield of 0.65%. Richelieu Hardware’s dividend payout ratio is currently 19.30%.
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A number of research firms have weighed in on RCH. National Bank Financial lifted their price target on shares of Richelieu Hardware from C$33.50 to C$36.00 and gave the stock an “outperform” rating in a research note on Friday, October 6th. Scotiabank lifted their price target on shares of Richelieu Hardware from C$30.00 to C$36.00 and gave the stock a “sector perform” rating in a research note on Tuesday, October 10th.
About Richelieu Hardware
Richelieu Hardware Ltd. is a distributor, importer and manufacturer of specialty hardware and complementary products. The Company’s product categories include furniture, glass and building decorative and functional hardware, lighting systems, finishing and decorating products, ergonomic workstation components, kitchen and closet storage solutions, sliding door systems, decorative and functional panels, window and door hardware, glass hardware and floor protection products.
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