Guardian Capital Group Ltd. (GCG) to Issue $0.10 Quarterly Dividend

Guardian Capital Group Ltd. (TSE:GCG) declared a quarterly dividend on Thursday, November 9th, Zacks reports. Shareholders of record on Thursday, January 11th will be paid a dividend of 0.10 per share by the financial services provider on Thursday, January 18th. This represents a $0.40 annualized dividend and a yield of 1.53%. The ex-dividend date of this dividend is Wednesday, January 10th.

Guardian Capital Group (TSE:GCG) opened at C$26.10 on Friday. The stock has a market cap of $789.98, a PE ratio of 9.35 and a beta of 1.62. Guardian Capital Group has a twelve month low of C$23.26 and a twelve month high of C$29.50.

In related news, Director Edward Thomas Mcdermott acquired 2,000 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The stock was purchased at an average cost of C$25.00 per share, with a total value of C$50,000.00. Also, insider Guardian Capital Group Limited acquired 95,829 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The shares were bought at an average cost of C$24.00 per share, with a total value of C$2,299,896.00. Insiders have bought 501,929 shares of company stock valued at $12,039,001 over the last three months.

Separately, Scotiabank decreased their price objective on shares of Guardian Capital Group from C$29.50 to C$29.00 and set a “sector perform” rating for the company in a report on Wednesday, November 15th.

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Guardian Capital Group Company Profile

Guardian Capital Group Limited is a Canada-based financial services company. The Company serves the wealth management needs of a range of clients. It operates through three segments: institutional and private wealth investment management; financial advisory, which includes an insurance managing general agency (MGA), a mutual fund dealer and a securities dealer (together, the Dealers), and corporate activities and investments.

Dividend History for Guardian Capital Group (TSE:GCG)

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