Insider Buying: E-L Financial (TSE:ELF) Insider Buys 1,000 Shares of Stock

Key Points

• E-L Financial Corporation Limited insider acquired 1,000 shares of E-L Financial stock on September 15th at an average price of C$16.41, increasing their ownership by 22.73%.
• The company's stock price rose 1.2% on Friday, reaching C$16.32, with a market capitalization of C$5.65 billion.
• E-L Financial announced a quarterly dividend of $0.04 to be paid on October 17th, representing an annualized yield of 1.0%.

E-L Financial Co. Limited (TSE:ELF - Get Free Report) insider E-L Financial Corporation Limited acquired 1,000 shares of E-L Financial stock in a transaction on Monday, September 15th. The shares were bought at an average price of C$16.41 per share, for a total transaction of C$16,410.00. Following the completion of the purchase, the insider directly owned 5,400 shares in the company, valued at C$88,614. The trade was a 22.73% increase in their ownership of the stock.

E-L Financial Corporation Limited also recently made the following trade(s):

• On Monday, September 8th, E-L Financial Corporation Limited purchased 1,000 shares of E-L Financial stock. The shares were bought at an average cost of C$15.49 per share, for a total transaction of C$15,490.00.
• On Wednesday, September 10th, E-L Financial Corporation Limited bought 1,000 shares of E-L Financial stock. The shares were purchased at an average cost of C$15.36 per share, for a total transaction of C$15,360.00.
• On Thursday, September 11th, E-L Financial Corporation Limited purchased 400 shares of E-L Financial stock. The stock was purchased at an average price of C$15.54 per share, with a total value of C$6,216.00.
• On Friday, September 12th, E-L Financial Corporation Limited purchased 1,000 shares of E-L Financial stock. The stock was acquired at an average price of C$16.39 per share, for a total transaction of C$16,390.00.
• On Tuesday, September 16th, E-L Financial Corporation Limited acquired 900 shares of E-L Financial stock. The shares were acquired at an average cost of C$16.42 per share, with a total value of C$14,778.00.
• On Wednesday, September 17th, E-L Financial Corporation Limited acquired 300 shares of E-L Financial stock. The shares were acquired at an average price of C$16.46 per share, for a total transaction of C$4,938.00.

E-L Financial Stock Up 1.2%

ELF stock traded up C$0.20 during midday trading on Friday, reaching C$16.32. The company had a trading volume of 7,770 shares, compared to its average volume of 53,341. The firm has a market capitalization of C$5.65 billion, a PE ratio of 4.82 and a beta of 1.26. The stock has a 50 day moving average price of C$15.45 and a 200 day moving average price of C$541.11. E-L Financial Co. Limited has a fifty-two week low of C$11.77 and a fifty-two week high of C$18.19.

E-L Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Friday, October 17th will be issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Monday, September 29th. E-L Financial's dividend payout ratio is 4.50%.

E-L Financial Company Profile

E-L Financial Corp Ltd operates as an investment and insurance holding company. The firm organizes itself into two segments namely E-L Corporate and Empire Life. The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products whereas, the E-L Corporate segment operations include the oversight of investments in global equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies.

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