Canadian General Investments (CGI) to Issue Quarterly Dividend of $0.25 on June 15th

Canadian General Investments (TSE:CGI) announced a quarterly dividend on Thursday, April 18th, Zacks reports. Shareholders of record on Friday, May 31st will be paid 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 %

Shares of CGI stock opened at C$36.85 on Friday. Canadian General Investments has a 1 year low of C$32.49 and a 1 year high of C$38.50. The company has a debt-to-equity ratio of 15.08, a current ratio of 7.53 and a quick ratio of 7.44. The stock’s 50 day simple moving average is C$36.69 and its two-hundred day simple moving average is C$35.34. The company has a market cap of C$768.69 million, a PE ratio of 4.41 and a beta of 1.18.

About Canadian General Investments

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.