Olympia Financial Group Inc. Announces Monthly Dividend of $0.60 (TSE:OLY)

Olympia Financial Group Inc. (TSE:OLY) announced a monthly dividend on Friday, March 20th, TickerTech Dividends reports. Shareholders of record on Tuesday, March 31st will be paid a dividend of 0.60 per share by the health services provider on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date is Friday, March 20th.

Olympia Financial Group Stock Performance

Shares of Olympia Financial Group stock opened at C$120.46 on Wednesday. The company has a current ratio of 180.32, a quick ratio of 1.59 and a debt-to-equity ratio of 13.18. The stock’s fifty day moving average price is C$118.01 and its 200-day moving average price is C$117.95. The firm has a market cap of C$289.83 million, a P/E ratio of 14.60 and a beta of 0.21. Olympia Financial Group has a 12 month low of C$99.50 and a 12 month high of C$134.24.

Olympia Financial Group (TSE:OLY) last posted its earnings results on Friday, February 27th. The health services provider reported C$1.83 earnings per share for the quarter. The company had revenue of C$24.11 million during the quarter. Olympia Financial Group had a return on equity of 45.15% and a net margin of 20.20%. On average, equities research analysts expect that Olympia Financial Group will post 3.06 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Fundamental Research set a C$167.49 price target on shares of Olympia Financial Group and gave the company a “buy” rating in a research note on Tuesday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of C$167.49.

Olympia Financial Group Company Profile

Olympia Financial Group Inc (“OFGI”) conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered plan accounts, corporate trust, and transfer agency services. OFGI also provides currency exchange and global payment services through its subsidiary Olympia Currency and Global Payments Inc, and offers private health services plans and information technology services to exempt market dealers, registrants, and issuers through its subsidiary Olympia Benefits Inc OFGI’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.