Guardian Capital Group Limited (TSE:GCG) Declares Quarterly Dividend of $0.18

Posted by Matthew Steigler on Apr 7th, 2021 // Comments off

Guardian Capital Group Limited (TSE:GCG) announced a quarterly dividend on Friday, April 9th, TickerTech reports. Stockholders of record on Monday, April 19th will be paid a dividend of 0.18 per share by the financial services provider on Monday, April 19th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date of this dividend is Friday, April 9th. This is a boost from Guardian Capital Group’s previous quarterly dividend of $0.16.

Shares of TSE GCG traded up C$1.40 during trading on Wednesday, reaching C$31.00. The stock had a trading volume of 100 shares, compared to its average volume of 510. Guardian Capital Group has a one year low of C$18.40 and a one year high of C$32.30. The company has a debt-to-equity ratio of 15.21, a quick ratio of 0.63 and a current ratio of 0.80. The stock has a market cap of C$859.94 million and a PE ratio of 19.01. The firm’s 50 day moving average price is C$29.06 and its two-hundred day moving average price is C$26.27.

Guardian Capital Group (TSE:GCG) last issued its quarterly earnings results on Wednesday, February 24th. The financial services provider reported C$3.17 earnings per share for the quarter. The firm had revenue of C$63.72 million during the quarter. On average, research analysts expect that Guardian Capital Group will post 2.3199999 earnings per share for the current year.

In related news, insider Guardian Capital Group Limited acquired 26,400 shares of Guardian Capital Group stock in a transaction that occurred on Monday, March 29th. The stock was acquired at an average price of C$29.60 per share, for a total transaction of C$781,440.00. Following the transaction, the insider now directly owns 26,400 shares of the company’s stock, valued at approximately C$781,440. Insiders have purchased a total of 50,350 shares of company stock valued at $1,496,433 in the last 90 days.

Separately, Scotiabank boosted their price objective on Guardian Capital Group from C$35.00 to C$39.00 in a research report on Thursday, March 4th.

About Guardian Capital Group

Guardian Capital Group Limited, together with its subsidiaries, operates as a diversified financial services company in Canada, the United Kingdom, the United States, and the Caribbean. The company manages institutional assets for pension plans, insurers, foundations, endowments, third-party mutual funds, and ETFs; and provides private wealth management services to individuals, families, and charitable organizations.

Guardian Capital Group Limited (TSE:GCG) Declares Quarterly Dividend of $0.18

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