Cineplex Inc Declares Monthly Dividend of $0.14 (CGX)
Cineplex Inc (TSE:CGX) announced a monthly dividend on Thursday, November 30th, Zacks reports. Investors of record on Thursday, November 30th will be given a dividend of 0.14 per share on Friday, December 29th. This represents a $1.68 annualized dividend and a yield of 4.54%. The ex-dividend date of this dividend is Wednesday, November 29th.
Cineplex (CGX) traded up C$0.53 on Friday, reaching C$37.02. 72,720 shares of the company traded hands, compared to its average volume of 166,902. Cineplex has a 52-week low of C$34.43 and a 52-week high of C$54.81.
In other news, insider Gordon Nelson purchased 4,000 shares of the company’s stock in a transaction on Thursday, November 9th. The shares were bought at an average price of C$36.00 per share, for a total transaction of C$144,000.00. Also, insider Daniel F. Mcgrath purchased 10,000 shares of the company’s stock in a transaction on Thursday, September 7th. The stock was purchased at an average price of C$38.59 per share, for a total transaction of C$385,900.00. Insiders acquired 19,000 shares of company stock worth $715,250 in the last 90 days.
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Cineplex Company Profile
Cineplex Inc (Cineplex) is a Canada-based film exhibition company. The Company’s segments include Exhibition and Media. The Exhibition segment includes all direct and ancillary revenues from theatre attendance, including box office and food service revenues. The Exhibition segment also includes amusement gaming and leisure, theatre rentals and digital commerce rental and sales.
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