Richelieu Hardware Ltd. (RCH) Insider Sells C$10,317.00 in Stock

Richelieu Hardware Ltd. (TSE:RCH) insider Christian Dion sold 300 shares of the company’s stock in a transaction that occurred 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.

Shares of Richelieu Hardware Ltd. (TSE:RCH) traded up C$0.67 on Friday, reaching C$35.07. The company had a trading volume of 43,863 shares, compared to its average volume of 33,107. Richelieu Hardware Ltd. has a 52-week low of C$24.92 and a 52-week high of C$35.22.

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 2nd. Investors of record on Thursday, November 2nd were issued a $0.0567 dividend. This represents a $0.23 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date of this dividend was Wednesday, October 18th. Richelieu Hardware’s dividend payout ratio (DPR) is 19.30%.

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A number of brokerages recently issued reports on RCH. Scotiabank upped their price target on Richelieu Hardware from C$30.00 to C$36.00 and gave the company a “sector perform” rating in a report on Tuesday, October 10th. National Bank Financial upped their price target on Richelieu Hardware from C$33.50 to C$36.00 and gave the company an “outperform” rating in a report on Friday, October 6th.

Richelieu Hardware Company Profile

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.

Insider Buying and Selling by Quarter for Richelieu Hardware (TSE:RCH)

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