Canadian General Investments (TSE:CGI) Declares $0.25 Quarterly Dividend

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Canadian General Investments (TSE:CGI - Get Free Report) declared a quarterly dividend on Thursday, April 18th, Zacks reports. Shareholders of record on Friday, May 31st will be given a dividend of 0.25 per share on Saturday, June 15th. This represents a $1.00 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date is Friday, May 31st.

Canadian General Investments Trading Down 0.6 %

CGI traded down C$0.24 during midday trading on Friday, reaching C$36.85. 2,300 shares of the company's stock traded hands, compared to its average volume of 6,098. The firm has a fifty day moving average of C$36.70 and a two-hundred day moving average of C$35.35. The stock has a market capitalization of C$768.69 million, a price-to-earnings ratio of 4.41 and a beta of 1.18. The company has a debt-to-equity ratio of 15.08, a current ratio of 7.53 and a quick ratio of 7.44. Canadian General Investments has a 52 week low of C$32.49 and a 52 week high of C$38.50.

About Canadian General Investments

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Canadian General Investments, Limited is a close ended equity mutual fund launched and managed by Morgan Meighen & Associates Limited. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalization.

Further Reading

Dividend History for Canadian General Investments (TSE:CGI)

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