Guardian Capital Group Limited (TSE:GCG) Announces $0.37 Quarterly Dividend

Guardian Capital Group Limited (TSE:GCG) announced a quarterly dividend on Thursday, November 7th,Zacks Dividends reports. Shareholders of record on Friday, January 10th will be paid a dividend of 0.37 per share by the financial services provider on Friday, January 17th. This represents a $1.48 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date of this dividend is Friday, January 10th.

Guardian Capital Group Price Performance

GCG stock remained flat at C$40.90 during midday trading on Friday. Guardian Capital Group has a 12 month low of C$39.41 and a 12 month high of C$52.13. The company has a market cap of C$112.07 million, a P/E ratio of 16.83 and a beta of 1.10. The company has a quick ratio of 0.64, a current ratio of 1.03 and a debt-to-equity ratio of 14.28. The company has a fifty day moving average price of C$40.66 and a two-hundred day moving average price of C$42.69.

Guardian Capital Group (TSE:GCG) last announced its quarterly earnings data on Thursday, August 8th. The financial services provider reported C($0.99) earnings per share (EPS) for the quarter. The firm had revenue of C$64.16 million during the quarter. Guardian Capital Group had a return on equity of 5.26% and a net margin of 24.73%. As a group, sell-side analysts expect that Guardian Capital Group will post 2.1803191 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, CIBC reduced their price objective on shares of Guardian Capital Group from C$54.00 to C$47.00 in a research note on Friday, July 19th.

About Guardian Capital Group

Guardian Capital Group Limited, through its subsidiaries, primarily engages in the provision of investment services to a range of clients in Canada, the United States, the United Kingdom, the Caribbean, and internationally. The company operates through two segments: Investment Management, and Corporate Activities and Investments.