Olympia Financial Group Inc. (TSE:OLY) Declares Monthly Dividend of $0.60

Key Points

• Olympia Financial Group Inc. has declared a monthly dividend of $0.60 per share, with dividends to be issued to stockholders on August 29th.
• The company has an annualized dividend yield of 5.5%, and the ex-dividend date is August 20th.
• Analysts from Fundamental Research have set a price objective of C$147.91 for the stock, indicating a "buy" rating.

Olympia Financial Group Inc. (TSE:OLY - Get Free Report) declared a monthly dividend on Wednesday, August 20th, TickerTech Dividends reports. Investors of record on Friday, August 29th will be paid a dividend of 0.60 per share by the health services provider on Friday, August 29th. This represents a c) annualized dividend and a yield of 5.5%. The ex-dividend date is Wednesday, August 20th.

Olympia Financial Group Stock Performance

TSE OLY traded down C$0.71 during mid-day trading on Friday, reaching C$131.00. 1,060 shares of the stock were exchanged, compared to its average volume of 1,944. The company has a debt-to-equity ratio of 6.00, a quick ratio of 1.59 and a current ratio of 3.32. The company has a market capitalization of C$315.23 million, a P/E ratio of 12.89 and a beta of 0.27. Olympia Financial Group has a 1 year low of C$95.51 and a 1 year high of C$134.24. The business's 50 day moving average is C$123.84 and its 200-day moving average is C$112.69.

Olympia Financial Group Company Profile

Olympia Financial Group Inc is engaged in providing financial services. The company's operating segments are Private Health Services Plan division which markets, sells and administers health and dental benefits to business owners; Investment Account Services division specializes in registered account administration; The Currency and Global Payments division provides corporations and private clients a personalized service for buying and selling foreign currencies; The Exempt Edge division is focused on Onboarding fees; The Corporate and Shareholder Services division, which acts as a cost centre and the Corporate Division.