E-L Financial (TSE:ELF) Insider Acquires C$14,778.00 in Stock

Key Points

• Insider E-L Financial Corporation Limited purchased 900 shares of E-L Financial stock for a total transaction of C$14,778.00, increasing their ownership to 6,300 shares.
• The company also announced a quarterly dividend of $0.04 per share, to be paid on October 17th, with a yield of 1.0%.
• E-L Financial's stock recently traded up 1.2% to C$16.32, with a market capitalization of C$5.65 billion.

E-L Financial Co. Limited (TSE:ELF - Get Free Report) insider E-L Financial Corporation Limited bought 900 shares of the stock in a transaction that occurred on Tuesday, September 16th. The stock was purchased at an average price of C$16.42 per share, for a total transaction of C$14,778.00. Following the completion of the purchase, the insider directly owned 6,300 shares in the company, valued at C$103,446. The trade was a 16.67% increase in their position.

E-L Financial Corporation Limited also recently made the following trade(s):

• On Monday, September 8th, E-L Financial Corporation Limited purchased 1,000 shares of E-L Financial stock. The stock was bought at an average cost of C$15.49 per share, with a total value of C$15,490.00.
• On Wednesday, September 10th, E-L Financial Corporation Limited bought 1,000 shares of E-L Financial stock. The shares were bought at an average price of C$15.36 per share, with a total value of C$15,360.00.
• On Thursday, September 11th, E-L Financial Corporation Limited acquired 400 shares of E-L Financial stock. The shares were purchased at an average cost of C$15.54 per share, for a total transaction of C$6,216.00.
• On Friday, September 12th, E-L Financial Corporation Limited purchased 1,000 shares of E-L Financial stock. The shares were bought at an average cost of C$16.39 per share, for a total transaction of C$16,390.00.
• On Monday, September 15th, E-L Financial Corporation Limited acquired 1,000 shares of E-L Financial stock. The shares were purchased at an average cost of C$16.41 per share, with a total value of C$16,410.00.
• On Wednesday, September 17th, E-L Financial Corporation Limited bought 300 shares of E-L Financial stock. The shares were bought at an average price of C$16.46 per share, for a total transaction of C$4,938.00.

E-L Financial Trading Up 1.2%

Shares of TSE ELF traded up C$0.20 during mid-day trading on Friday, reaching C$16.32. 7,770 shares of the company's stock were exchanged, compared to its average volume of 53,341. The business has a fifty day simple moving average of C$15.45 and a 200 day simple moving average of C$541.11. E-L Financial Co. Limited has a twelve month low of C$11.77 and a twelve month high of C$18.19. The firm has a market capitalization of C$5.65 billion, a price-to-earnings ratio of 4.82 and a beta of 1.26.

E-L Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 17th will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Monday, September 29th. This represents a $0.16 annualized dividend and a yield of 1.0%. E-L Financial's dividend payout ratio (DPR) is currently 4.50%.

About E-L Financial

E-L Financial Corp Ltd operates as an investment and insurance holding company. The firm organizes itself into two segments namely E-L Corporate and Empire Life. The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products whereas, the E-L Corporate segment operations include the oversight of investments in global equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies.

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