BRP Backs Rosy Outlook with 16% Hike to Quarterly Dividend -- Market Talk

Dow Jones
Mar 26

0942 ET - BRP is speeding up its shareholder returns. The company has increased its dividend by 16% for a quarterly C$0.25 payout rate. On an analyst call, BRP's CFO Sebastien Martel says the company is confident in the business trajectory, despite uncertainty for the economy which could affect the industry. He also notes that the company continues to buy back shares, and still has about 2.6 million shares left in the current buyback program. At Wednesday's closing price of C$89.53 a share, the value of those shares remaining in the buyback program would be worth about C$233 million. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

March 26, 2026 09:42 ET (13:42 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10