Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) insider Michel Tremblay acquired 5,000 shares of the business’s stock in a transaction on Tuesday, March 13th. The stock was purchased at an average price of C$24.99 per share, for a total transaction of C$124,950.00.
Shares of Industrial Alliance Insur. & Fin. Ser. (TSE IAG) traded up C$0.42 during trading on Wednesday, hitting C$54.40. 14,890 shares of the stock were exchanged, compared to its average volume of 218,569. The firm has a market cap of $5,760.00, a price-to-earnings ratio of 11.22 and a beta of 0.83. Industrial Alliance Insur. & Fin. Ser. has a 1-year low of C$48.74 and a 1-year high of C$62.01.
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 15th will be paid a $0.38 dividend. The ex-dividend date of this dividend is Thursday, March 1st. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.79%. Industrial Alliance Insur. & Fin. Ser.’s dividend payout ratio (DPR) is presently 29.73%.
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Industrial Alliance Insur. & Fin. Ser. Company Profile
Industrial Alliance Insurance and Financial Services Inc is a Canada-based company, which offers a range of life and health insurance products, savings and retirement plans, mutual funds, securities, auto and home insurance, mortgage loans, and other financial products and services. The Company’s segments include Individual Insurance, which includes life, health, disability and mortgage insurance products; Individual Wealth Management, which includes individual products and services for savings plans, retirement funds and segregated funds, as well as securities brokerage, trust operations and mutual funds; Group Insurance, which includes life, health, accidental death and dismemberment, creditor insurance, replacement warranties and extended warranties, and specialized products for special markets solutions; Group Savings and Retirement, which includes retirement funds and segregated funds, and Other, which includes auto and home insurance products, asset management and financing.
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