Guardian Capital Group (TSE:GCG) Sets New 52-Week High - Here's What Happened

Key Points

• Guardian Capital Group's shares reached a new 52-week high of C$67.40 during trading on Wednesday, last closing at C$66.90 with a trading volume of 2,400 shares.
• The company has a market capitalization of C$1.64 billion, with a P/E ratio of 10.78, and a notable dividend yield of 2.3% based on a recently declared quarterly dividend of $0.39.
• Guardian operates in the diversified financial services sector, focusing on Asset Management and Financial Advisory services for both institutional and private wealth clients.

Guardian Capital Group Limited (TSE:GCG - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$67.40 and last traded at C$66.90, with a volume of 2400 shares. The stock had previously closed at C$66.85.

Guardian Capital Group Trading Up 0.5%

The company has a current ratio of 0.80, a quick ratio of 0.64 and a debt-to-equity ratio of 14.08. The stock has a 50 day simple moving average of C$49.26 and a 200-day simple moving average of C$44.25. The firm has a market cap of C$1.64 billion, a P/E ratio of 10.83 and a beta of 1.09.

Guardian Capital Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Friday, July 18th were paid a $0.39 dividend. The ex-dividend date of this dividend was Friday, July 11th. This represents a $1.56 dividend on an annualized basis and a yield of 2.3%. Guardian Capital Group's payout ratio is presently 24.27%.

Guardian Capital Group Company Profile

Guardian Capital Group Ltd is a diversified financial services company. It operates in two main business areas, Asset Management and Financial Advisory. Guardian offers institutional and private wealth investment management services; financial services to international investors; services to financial advisors in its national mutual fund dealer, securities dealer, and insurance distribution network; and maintains and manages a proprietary investment portfolio.