Guardian Capital Group (TSE:GCG) Share Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Guardian Capital Group Limited's share price has crossed above its 200-day moving average of C$45.72, reaching a high of C$66.76 during trading.
• The company declared a quarterly dividend of $0.39 per share, translating to an annualized dividend of $1.56 and a yield of 2.3%.
• Guardian Capital Group operates in two main segments: Asset Management and Financial Advisory, offering a variety of investment management and financial services.

Shares of Guardian Capital Group Limited (TSE:GCG - ) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$45.72 and traded as high as C$66.76. Guardian Capital Group shares last traded at C$66.76, with a volume of 110 shares.

Guardian Capital Group Trading Up 0.2%

The stock has a market cap of C$1.64 billion, a PE ratio of 10.80 and a beta of 1.09. The business's fifty day moving average is C$53.47 and its 200 day moving average is C$45.72. The company has a quick ratio of 0.64, a current ratio of 0.80 and a debt-to-equity ratio of 14.08.

Guardian Capital Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Investors of record on Friday, July 18th were issued 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 yield of 2.3%. Guardian Capital Group's payout ratio 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.

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