Guardian Capital Group (TSE:GCG) Hits New 52-Week High - Should You Buy?

Key Points

• Guardian Capital Group Limited reached a new **52-week high** of C$67.25, with a market cap of **C$1.65 billion** and a PE ratio of 10.88.
• The company announced a quarterly **dividend** of $0.39 per share, yielding **2.3%**, with a payout ratio of **24.27%.**
• Guardian Capital operates in **Asset Management** and **Financial Advisory**, offering services to institutional and private wealth clients along with financial advisors.

Guardian Capital Group Limited (TSE:GCG - Get Free Report) shares hit a new 52-week high during mid-day trading on Saturday . The company traded as high as C$67.25 and last traded at C$67.25, with a volume of 344 shares traded. The stock had previously closed at C$66.80.

Guardian Capital Group Stock Performance

The company has a market cap of C$1.64 billion, a price-to-earnings ratio of 10.78 and a beta of 0.75. The company has a debt-to-equity ratio of 14.08, a current ratio of 0.80 and a quick ratio of 0.64. The stock has a 50-day moving average price of C$45.36 and a 200 day moving average price of C$42.99.

Guardian Capital Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 18th. Stockholders of record on Friday, July 18th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, July 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.3%. Guardian Capital Group's dividend payout ratio (DPR) is currently 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.