IGM Financial Inc. (TSE:IGM - Get Free Report) announced a quarterly dividend on Wednesday, August 6th, RTT News reports. Investors of record on Friday, September 26th will be paid a dividend of 0.562 per share by the financial services provider on Friday, October 31st. This represents a c) dividend on an annualized basis and a yield of 4.7%.
IGM Financial Stock Performance
TSE:IGM traded up C$0.28 during mid-day trading on Friday, reaching C$47.34. The stock had a trading volume of 158,496 shares, compared to its average volume of 305,515. The company has a debt-to-equity ratio of 97.24, a quick ratio of 0.31 and a current ratio of 3.61. The firm has a market capitalization of C$11.29 billion, a price-to-earnings ratio of 12.13, a PEG ratio of 4.09 and a beta of 1.53. IGM Financial has a twelve month low of C$35.72 and a twelve month high of C$48.24. The business has a 50 day simple moving average of C$44.10 and a 200 day simple moving average of C$44.03.
About IGM Financial
(
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IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which includes Great-West Life, London Life, Canada Life, and Putnam Investments. IGM has two main operating divisionsasset management (operated through Mackenzie Investments) and wealth management (via its Investors Group Wealth Management and Investment Planning Counsel subsidiaries)that provide investment management products and services.
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