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

Key Points

• Guardian Capital Group's share price has crossed above its two hundred day moving average of C$47.35, reaching a high of C$67.00 during trading.
• The company has declared a quarterly dividend of $0.39, with a dividend yield of 2.3%, payable on October 17th.
• Guardian Capital Group operates in Asset Management and Financial Advisory, and has a market capitalization of C$1.64 billion.

Guardian Capital Group Limited (TSE:GCG - )'s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$47.35 and traded as high as C$67.00. Guardian Capital Group shares last traded at C$66.95, with a volume of 335 shares changing hands.

Guardian Capital Group Trading Down 0.1%

The business's 50 day moving average price is C$57.65 and its two-hundred day moving average price is C$47.35. The company has a market capitalization of C$1.64 billion, a price-to-earnings ratio of 10.83 and a beta of 1.02. The company has a debt-to-equity ratio of 14.08, a quick ratio of 0.64 and a current ratio of 0.80.

Guardian Capital Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Friday, October 17th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, October 10th. Guardian Capital Group's dividend payout ratio is currently 24.27%.

About Guardian Capital Group

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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