Exchange Income Co. Announces Aug 25 Dividend of $0.22 (TSE:EIF)

Key Points

• Exchange Income Co. has announced a dividend of $0.22 per share, which will be distributed on September 15 to shareholders of record on August 29.
• Despite a slight drop in stock price to C$73.59, analysts have positive outlooks, with several raising price targets and ratings for the stock.
• The company's stock has a market capitalization of C$3.67 billion and is characterized by a high beta of 2.04, indicating significant volatility.

Exchange Income Co. (TSE:EIF - Get Free Report) declared a aug 25 dividend on Friday, August 15th, RTT News reports. Shareholders of record on Friday, August 29th will be given a dividend of 0.22 per share on Monday, September 15th.

Exchange Income Stock Up 0.9%

Shares of TSE EIF traded up C$0.64 during trading on Monday, hitting C$73.51. The stock had a trading volume of 174,146 shares, compared to its average volume of 112,207. The firm has a fifty day moving average of C$64.66 and a two-hundred day moving average of C$56.60. The company has a market capitalization of C$3.67 billion, a PE ratio of 28.80, a PEG ratio of 1.42 and a beta of 2.04. The company has a debt-to-equity ratio of 173.72, a current ratio of 1.76 and a quick ratio of 1.13. Exchange Income has a 12 month low of C$45.00 and a 12 month high of C$75.13.

Exchange Income Company Profile

Exchange Income Corp is a diversified acquisition-oriented corporation focused on opportunities in two sectors, aerospace, aviation services and equipment, and manufacturing. The business plan of the corporation is to invest in profitable, well-established companies with strong cash flows operating in niche markets.