Westshore Terminals Investment Corp Declares Quarterly Dividend of $0.16 (WTE)

Westshore Terminals Investment Corp (TSE:WTE) announced a quarterly dividend on Thursday, December 28th, TickerTech reports. Shareholders of record on Monday, January 15th will be paid a dividend of 0.16 per share on Monday, January 15th. This represents a $0.64 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date is Thursday, December 28th.

Shares of Westshore Terminals Investment (TSE WTE) opened at C$26.31 on Friday. Westshore Terminals Investment has a 52 week low of C$19.07 and a 52 week high of C$29.05. The firm has a market capitalization of $1,870.00, a P/E ratio of 16.55 and a beta of 0.55.

In related news, insider James A. Pattison purchased 121,200 shares of the business’s stock in a transaction dated Wednesday, November 8th. The stock was acquired at an average price of C$25.00 per share, for a total transaction of C$3,030,000.00.

A number of equities research analysts have weighed in on WTE shares. Scotiabank boosted their price objective on Westshore Terminals Investment from C$27.00 to C$28.00 and gave the company an “outperform” rating in a research note on Friday, November 3rd. Royal Bank of Canada cut their price target on Westshore Terminals Investment from C$31.00 to C$29.00 and set an “outperform” rating for the company in a research note on Monday, November 6th. Finally, CIBC upped their price target on Westshore Terminals Investment from C$25.00 to C$26.00 in a research note on Tuesday, November 7th.

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Westshore Terminals Investment Company Profile

Westshore Terminals Investment Corporation, through its limited partner interests in Westshore Terminals Limited Partnership, operates a coal storage and loading terminal at Roberts Bank, British Columbia in Canada. It has contracts to ship coal from five mines in British Columbia and one mine in Alberta, as well as from three mines in the north-western United States.

Dividend History for Westshore Terminals Investment (TSE:WTE)

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