IGM Financial Inc. (OTCMKTS:IGIFF – Get Free Report)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $30.21 and traded as high as $32.75. IGM Financial shares last traded at $32.75, with a volume of 11,069 shares traded.
IGM Financial Stock Up 1.5 %
The company has a 50 day moving average of $30.21 and a 200 day moving average of $28.52.
IGM Financial Cuts Dividend
The firm also recently declared a dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 30th were paid a $0.4091 dividend. This represents a dividend yield of 5.55%. The ex-dividend date was Friday, September 27th. IGM Financial’s dividend payout ratio (DPR) is 67.85%.
About IGM Financial
IGM Financial Inc operates as a wealth and asset management company in Canada. It operates through Wealth Management and Asset Management segments. The Wealth Management segment offers investments that are focused on providing financial planning and related services; and provides mutual fund management and discretionary portfolio management services.
Further Reading
- Five stocks we like better than IGM Financial
- How Technical Indicators Can Help You Find Oversold Stocks
- Is Monolithic Power Systems a Screaming Buy After Near 40% Drop?
- What is a Dividend King?
- Applied Materials Market Capitulates: Now is the Time to Buy
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- 3 Ultra-High Dividend Yield Stocks for the New Year
Receive News & Ratings for IGM Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IGM Financial and related companies with MarketBeat.com's FREE daily email newsletter.
