Equitable Group Inc. (TSE:EQB) Director Michael Stramaglia purchased 1,100 shares of the business’s stock in a transaction dated Wednesday, March 14th. The shares were purchased at an average cost of C$56.00 per share, for a total transaction of C$61,600.00.
Equitable Group Inc. (TSE EQB) traded down C$1.98 during trading on Wednesday, hitting C$55.62. The company had a trading volume of 27,532 shares, compared to its average volume of 29,273. The firm has a market capitalization of $970.48, a price-to-earnings ratio of 6.13 and a beta of 0.95. Equitable Group Inc. has a one year low of C$36.15 and a one year high of C$72.98.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 5th. Investors of record on Thursday, April 5th will be paid a $0.26 dividend. This is a positive change from Equitable Group’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date of this dividend is Wednesday, March 14th. Equitable Group’s payout ratio is currently 10.12%.
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Equitable Group Company Profile
Equitable Group Inc is a financial services business that operates through its wholly owned subsidiary, Equitable Bank (the Bank). Equitable Bank serves retail and commercial customers across Canada with a range of savings solutions and mortgage lending products, offered under the Equitable Bank and EQ Bank brands.
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