Guardian Capital Group Ltd. (TSE:GCG.A) Increases Dividend to $0.16 Per Share

Guardian Capital Group Ltd. (TSE:GCG.A) declared a quarterly dividend on Thursday, July 9th, TickerTech reports. Stockholders 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 dividend yield of 3.05%. The ex-dividend date is Thursday, July 9th. This is a positive change from Guardian Capital Group’s previous quarterly dividend of $0.15.

Shares of GCG.A opened at C$21.00 on Tuesday. The company has a debt-to-equity ratio of 25.41, a current ratio of 0.75 and a quick ratio of 0.72. Guardian Capital Group has a one year low of C$15.00 and a one year high of C$28.38. The firm has a market capitalization of $522.87 million and a P/E ratio of -6.69. The business has a fifty day moving average of C$20.90 and a 200 day moving average of C$22.79.

Separately, Scotiabank cut their price target on Guardian Capital Group from C$23.00 to C$22.00 in a report on Monday, June 29th.

Guardian Capital Group Company Profile

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.

Featured Article: Gap Down Stocks

Dividend History for Guardian Capital Group (TSE:GCG.A)

Receive News & Ratings for Guardian Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guardian Capital Group and related companies with's FREE daily email newsletter.