Guardian Capital Group Ltd. Announces Quarterly Dividend of $0.16 (TSE:GCG)

Guardian Capital Group Ltd. (TSE:GCG) announced a quarterly dividend on Thursday, July 9th, TickerTech reports. Investors of record on Friday, July 17th will be given a dividend of 0.16 per share by the financial services provider on Friday, July 17th. This represents a $0.64 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date is Thursday, July 9th.

Shares of GCG opened at C$21.26 on Tuesday. The stock has a market capitalization of $585.69 million and a P/E ratio of -6.77. Guardian Capital Group has a twelve month low of C$15.26 and a twelve month high of C$28.88. The company has a 50 day moving average of C$20.86 and a 200-day moving average of C$23.19. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 25.41.

Guardian Capital Group (TSE:GCG) last issued its quarterly earnings results on Wednesday, May 13th. The financial services provider reported C($5.35) earnings per share for the quarter. The firm had revenue of C$49.90 million for the quarter. On average, sell-side analysts anticipate that Guardian Capital Group will post 0.99 earnings per share for the current fiscal year.

Several equities analysts have recently weighed in on GCG shares. BMO Capital Markets decreased their price target on shares of Guardian Capital Group from C$27.00 to C$22.00 in a research note on Friday, March 27th. Scotiabank decreased their price target on shares of Guardian Capital Group from C$29.00 to C$22.00 in a research note on Tuesday, March 24th.

About Guardian Capital Group

Guardian Capital Group Limited, together with its subsidiaries, operates as a diversified financial services company in Canada, the United Kingdom, the United States, and the Caribbean. It manages institutional assets for pension plans, insurers, foundations, endowments, third-party mutual funds, and ETFs; and provides private wealth management services to individuals, families, and charitable organizations.

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Dividend History for Guardian Capital Group (TSE:GCG)

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