Canaccord Financial Plans Quarterly Dividend of C$0.05 (CF)
Canaccord Financial (TSE:CF) announced a Quarterly dividend on Wednesday, June 18th, StockRatingsNetwork reports. Stockholders of record on Wednesday, July 2nd will be paid a dividend of 0.05 per share on Wednesday, July 2nd. This represents a dividend yield of 1.64%. The ex-dividend date is Wednesday, June 18th.
A number of research firms have recently commented on CF. Analysts at Scotiabank reiterated a “sector outperform” rating on shares of Canaccord Financial in a research note on Wednesday, June 4th. Analysts at RBC Capital upgraded shares of Canaccord Financial to an “outperform” rating in a research note on Friday, April 25th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of C$8.13.
Shares of Canaccord Financial (TSE:CF) opened at 12.60 on Wednesday. Canaccord Financial has a 52 week low of $5.24 and a 52 week high of $13.05. The stock has a 50-day moving average of $10. and a 200-day moving average of $8.3. The company has a market cap of $1.173 billion and a price-to-earnings ratio of 57.86.
Canaccord Financial (TSE:CF) last posted its quarterly earnings results on Wednesday, June 4th. The company reported $0.25 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.23 by $0.02. Analysts expect that Canaccord Financial will post $1.00 EPS for the current fiscal year.
Canaccord Financial Inc, through its principal subsidiaries, is an independent, full-service financial services company.
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