E-L Financial Corp Ltd (TSE:ELF) insider Canadian & Foreign Securities Co. Limited purchased 9,600 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were acquired at an average cost of C$737.50 per share, for a total transaction of C$7,080,000.00. Following the completion of the transaction, the insider now owns 518,358 shares of the company’s stock, valued at approximately C$382,289,025.
TSE:ELF opened at C$786.98 on Tuesday. E-L Financial Corp Ltd has a 52 week low of C$720.05 and a 52 week high of C$830.99. The firm has a market cap of $3.04 billion and a price-to-earnings ratio of 15.62. The firm’s 50-day simple moving average is C$747.80 and its 200 day simple moving average is C$754.80. The company has a debt-to-equity ratio of 6.56, a quick ratio of 0.49 and a current ratio of 0.50.
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Tuesday, December 31st will be given a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 0.64%. The ex-dividend date of this dividend is Monday, December 30th. E-L Financial’s dividend payout ratio is 9.92%.
E-L Financial Corporation Limited operates as an investment and insurance holding company in Canada. It operates through two segments, E-L Corporate and Empire Life. The company owns investments in equities and fixed income securities directly and indirectly through common shares, investment funds, closed-end investment companies, and a limited partnership and other private companies.
See Also: Why is the LIBOR significant?
Receive News & Ratings for E-L Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E-L Financial and related companies with MarketBeat.com's FREE daily email newsletter.