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The latest update is out from K-Bro Linen ( (TSE:KBL) ).
K-Bro Linen Inc. has declared a dividend of 10.00 cents CDN per common share for July 2025, to be paid on August 15, 2025, to shareholders of record on July 31, 2025. This announcement reflects K-Bro’s ongoing commitment to providing value to its shareholders and reinforces its position as a leading player in the laundry and linen processing industry, with implications for continued investor confidence and market stability.
The most recent analyst rating on (TSE:KBL) stock is a Buy with a C$45.00 price target. To see the full list of analyst forecasts on K-Bro Linen stock, see the TSE:KBL Stock Forecast page.
Spark’s Take on TSE:KBL Stock
According to Spark, TipRanks’ AI Analyst, TSE:KBL is a Outperform.
K-Bro Linen’s solid financial performance and strategic corporate events are significant strengths, contributing positively to the stock’s outlook. However, neutral technical indicators and only moderate valuation metrics slightly temper the overall score.
To see Spark’s full report on TSE:KBL stock, click here.
More about K-Bro Linen
K-Bro Linen Inc. is the largest owner and operator of laundry and linen processing facilities in Canada, providing a comprehensive range of services to healthcare institutions, hotels, and other commercial accounts. The company operates eleven processing facilities under two brands, K-Bro Linen Systems Inc. and Buanderie HMR, across eight Canadian cities. Additionally, K-Bro has international operations through its subsidiaries Fishers, Shortridge, and Star Mayan, which serve various sectors in Scotland, England, and the North East of England.
Average Trading Volume: 20,661
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$446.8M
See more data about KBL stock on TipRanks’ Stock Analysis page.