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E-L Financial (TSE:ELF) Hits New 52-Week High - What's Next?

E-L Financial logo with Financial Services background

Shares of E-L Financial Co. Limited (TSE:ELF - Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as C$1,618.00 and last traded at C$1,618.00, with a volume of 135 shares traded. The stock had previously closed at C$1,599.99.

E-L Financial Price Performance

The stock's 50-day simple moving average is C$1,379.09 and its 200 day simple moving average is C$1,398.80. The stock has a market capitalization of C$5.71 billion, a P/E ratio of 3.09 and a beta of 0.85.

E-L Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Thursday, April 17th were given a dividend of $3.75 per share. The ex-dividend date was Monday, March 31st. This represents a $15.00 dividend on an annualized basis and a yield of 0.91%. E-L Financial's dividend payout ratio (DPR) is 2.81%.

About E-L Financial

(Get Free Report)

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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