Canadian General Investments Plans Quarterly Dividend of $0.25 (TSE:CGI)

Canadian General Investments (TSE:CGI) announced a quarterly dividend on Thursday, April 18th, Zacks reports. Shareholders of record on Friday, May 31st will be paid a dividend of 0.25 per share on Saturday, June 15th. This represents a $1.00 annualized dividend and a yield of 2.71%. The ex-dividend date is Friday, May 31st.

Canadian General Investments Stock Down 0.6 %

Shares of Canadian General Investments stock opened at C$36.85 on Friday. The company’s 50 day moving average price is C$36.69 and its 200-day moving average price is C$35.34. Canadian General Investments has a 52-week low of C$32.49 and a 52-week high of C$38.50. The company has a debt-to-equity ratio of 15.08, a quick ratio of 7.44 and a current ratio of 7.53. The stock has a market capitalization of C$768.69 million, a price-to-earnings ratio of 4.41 and a beta of 1.18.

About Canadian General Investments

Canadian General Investments, Limited is a close ended equity mutual fund launched and managed by Morgan Meighen & Associates Limited. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalization.