Exchange Income Co. (EIF) to Issue Monthly Dividend of $0.18
Exchange Income Co. (TSE:EIF) declared a monthly dividend on Wednesday, January 17th, Zacks reports. Investors of record on Wednesday, January 31st will be paid a dividend of 0.175 per share on Thursday, February 15th. This represents a $2.10 annualized dividend and a dividend yield of 6.25%. The ex-dividend date is Tuesday, January 30th.
Shares of Exchange Income (TSE:EIF) traded up C$0.15 during midday trading on Thursday, reaching C$33.58. The company had a trading volume of 53,123 shares, compared to its average volume of 77,545. Exchange Income has a 52-week low of C$25.80 and a 52-week high of C$42.45. The firm has a market cap of $1,040.00, a P/E ratio of 16.30 and a beta of 0.70.
Exchange Income (TSE:EIF) last announced its quarterly earnings results on Wednesday, November 8th. The company reported C$0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.81 by C$0.03. Exchange Income had a return on equity of 17.22% and a net margin of 9.43%.
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Exchange Income Company Profile
Exchange Income Corporation is focused on opportunities in aerospace and aviation services and equipment, and manufacturing. The Company operates through two segments: Aviation and Manufacturing. The Aviation segment provides scheduled airline and charter service, and emergency medical services to communities located in Manitoba, Ontario and Nunavut.
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