Exchange Income Co. Announces Jun 14 Dividend of C$0.14 (EIF)
Exchange Income (TSE:EIF) announced a jun 14 dividend on Tuesday, June 17th, American Banking News reports. Investors of record on Monday, June 30th will be paid a dividend of 0.14 per share on Tuesday, July 15th.
A number of research firms have recently commented on EIF. Analysts at LB Securities upgraded shares of Exchange Income to a “top pick” rating in a research note on Monday, June 9th. On a related note, analysts at Raymond James raised their price target on shares of Exchange Income from C$19.50 to C$22.50 in a research note on Friday, May 16th. Finally, analysts at CIBC raised their price target on shares of Exchange Income from C$26.75 to C$27.00 in a research note on Friday, May 16th. They now have a “sector outperform” rating on the stock. One research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Exchange Income presently has an average rating of “Buy” and an average target price of C$26.38.
Exchange Income (TSE:EIF) opened at 22.47 on Tuesday. Exchange Income has a 52 week low of $16.75 and a 52 week high of $26.61. The stock has a 50-day moving average of $20.49 and a 200-day moving average of $21.37. The company has a market cap of $490.1 million and a price-to-earnings ratio of 64.71.
Exchange Income Corporation is a diversified acquisition-oriented company, focused on opportunities in the industrial products and transportation sectors.
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