IGM Financial Inc. (IGM) Director Buys C$44,350.00 in Stock
IGM Financial Inc. (TSE:IGM) Director Jean-Claude Bachand acquired 1,000 shares of IGM Financial stock in a transaction on Tuesday, December 5th. The shares were bought at an average cost of C$44.35 per share, for a total transaction of C$44,350.00.
Shares of IGM Financial Inc. (TSE IGM) traded down C$0.01 during trading hours on Wednesday, hitting C$44.46. The company’s stock had a trading volume of 129,585 shares, compared to its average volume of 240,102. IGM Financial Inc. has a fifty-two week low of C$37.65 and a fifty-two week high of C$45.82.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Friday, December 29th will be given a dividend of $0.563 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $2.25 annualized dividend and a dividend yield of 5.07%. IGM Financial’s dividend payout ratio (DPR) is presently 69.02%.
IGM Financial Company Profile
IGM Financial Inc is a Canada-based financial services company. The Company’s principal businesses are Investors Group Inc and Mackenzie Financial Corporation, which operate within the advice segment of the financial services market. It operates in three segments: Investors Group, Mackenzie Investments, and Corporate and Other.
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