Metro Inc. (TSE:MRU) Plans Quarterly Dividend of $0.37

Metro Inc. (TSE:MRU - Get Free Report) declared a quarterly dividend on Thursday, October 23rd, RTT News reports. Shareholders of record on Tuesday, November 11th will be paid a dividend of 0.37 per share on Tuesday, November 11th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Thursday, October 23rd.Metro Stock PerformanceShares of MRU opened at C$95.78 on Tuesday. The company has a current ratio of 1.35, a quick ratio of 0.41 and a debt-to-equity ratio of 62.29. The stock has a market cap of C$20.84 billion, a P/E ratio of 20.78, a PEG ratio of 4.06 and a beta of 0.22. The company has a 50-day moving average of C$96.04 and a two-hundred day moving average of C$101.37. Metro has a 12-month low of C$81.01 and a 12-month high of C$109.20. About Metro (Get Free Report)Metro is one of the largest grocery retailers in Canada. With its 2018 acquisition of Jean Coutu, it also boasts a meaningful drugstore footprint. Noteworthy grocery banners include Metro, Metro Plus, Super C, and Food Basics, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks.Read MoreFive stocks we like better than MetroWhat Do S&P 500 Stocks Tell Investors About the Market? Cash Burn vs. Cautious Capital: Which eVTOL Strategy Will WinPets Are Big Business: 4 Big-Ticket Pet Stocks to Add to Your PortfolioLouis Vuitton Earnings Show Luxury Bull Market Isn’t Done YetHow Technical Indicators Can Help You Find Oversold Stocks 3 High-Yield Banks for Investors to Buy on the DipThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Metro Right Now?Before you consider Metro, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Metro wasn't on the list.While Metro currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here