Gluskin Sheff + Associates Inc (GS) to Issue Quarterly Dividend of $0.25 on February 28th

Gluskin Sheff + Associates Inc (TSE:GS) announced a quarterly dividend on Wednesday, February 6th, Zacks reports. Investors of record on Friday, February 15th will be paid a dividend of 0.25 per share on Thursday, February 28th. This represents a $1.00 annualized dividend and a yield of 9.25%. The ex-dividend date is Thursday, February 14th.

GS stock traded down C$0.08 on Friday, hitting C$10.81. The company had a trading volume of 234,400 shares, compared to its average volume of 307,401. Gluskin Sheff + Associates has a 12-month low of C$9.07 and a 12-month high of C$18.05. The stock has a market capitalization of $327.14 million and a P/E ratio of 8.51.

Gluskin Sheff + Associates (TSE:GS) last issued its earnings results on Wednesday, November 14th. The company reported C$0.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.24 by C$0.01. The company had revenue of C$30.29 million during the quarter. On average, analysts predict that Gluskin Sheff + Associates will post 1.22999998407031 EPS for the current year.



Several research analysts have recently weighed in on GS shares. CIBC dropped their price target on shares of Gluskin Sheff + Associates from C$15.00 to C$13.00 in a research note on Friday, November 16th. BMO Capital Markets dropped their price target on shares of Gluskin Sheff + Associates from C$16.00 to C$14.00 in a research note on Thursday, October 18th. Royal Bank of Canada dropped their price target on shares of Gluskin Sheff + Associates from C$15.00 to C$13.00 and set a “sector perform” rating on the stock in a research note on Thursday, November 15th. Desjardins dropped their price target on shares of Gluskin Sheff + Associates from C$12.50 to C$12.00 and set a “buy” rating on the stock in a research note on Monday, February 4th. Finally, TD Securities reiterated a “hold” rating and set a C$12.00 price target on shares of Gluskin Sheff + Associates in a research note on Friday.

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About Gluskin Sheff + Associates

Gluskin Sheff + Associates Inc is a publicly owned investment manager. The firm also provides wealth management services. It primarily provides its services to high net worth investors, including entrepreneurs, professionals, family trusts, private charitable foundations, pension and profit sharing plans, pooled investment vehicles, charitable organizations , corporations, institutions, insurance companies, and estates.

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Dividend History for Gluskin Sheff + Associates (TSE:GS)

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