IGM Financial Inc. (TSE:IGM) Shares to Pay Quarterly Dividend of $0.62

Key Points

• IGM Financial declared a quarterly dividend of C$0.62 per share, equal to C$2.48 annually and a 2.9% yield. The ex-dividend date is September 28, and shareholders of record on October 30 are eligible for payment.
• IGM shares opened at C$85.32, with a market capitalization of approximately C$19.7 billion and a price range of C$50.06 to C$92.01 over the past year.
• The company reported quarterly earnings of C$1.41 per share, a 12.91% return on equity and a 29.82% net margin. Insiders sold 44,658 shares worth roughly C$4.0 million over the past 90 days.

IGM Financial Inc. (TSE:IGM - Get Free Report) announced a quarterly dividend on Monday, September 28th. Investors of record on Friday, October 30th will be given a dividend of $0.62 per share by the financial services provider on Friday, October 30th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Monday, September 28th.

IGM Financial Stock Performance

Shares of IGM stock opened at C$85.32 on Friday. The stock has a fifty day moving average price of C$86.94 and a 200 day moving average price of C$79.07. The company has a debt-to-equity ratio of 82.59, a quick ratio of 0.31 and a current ratio of 1.28. The stock has a market cap of C$19.70 billion, a PE ratio of 17.27, a P/E/G ratio of 4.09 and a beta of 0.93. IGM Financial has a 1 year low of C$50.06 and a 1 year high of C$92.01.

IGM Financial (TSE:IGM - Get Free Report) last posted its earnings results on Wednesday, July 29th. The financial services provider reported C$1.41 earnings per share for the quarter. IGM Financial had a return on equity of 12.91% and a net margin of 29.82%.The company had revenue of C$1.07 million for the quarter. Sell-side analysts forecast that IGM Financial will post 4.006816 earnings per share for the current fiscal year.

Insider Buying and Selling at IGM Financial

In related news, Director Damon Murchison sold 1,400 shares of the stock in a transaction on Thursday, August 6th. The stock was sold at an average price of C$89.65, for a total transaction of C$125,510.00. Following the sale, the director owned 11,735 shares of the company's stock, valued at C$1,052,042.75. This trade represents a 10.66% decrease in their ownership of the stock. Also, Director J. Luke Gould sold 6,900 shares of IGM Financial stock in a transaction dated Friday, September 18th. The stock was sold at an average price of C$87.97, for a total value of C$606,993.00. Insiders sold 44,658 shares of company stock worth $4,005,757 over the last 90 days. Company insiders own 66.58% of the company's stock.

IGM Financial Company Profile

Mackenzie Investments ("Mackenzie") is a Canadian investment management firm with approximately $244 billion (CAD) in assets under management as of December 31, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London.

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