Olympia Financial Group Inc. (OLY) to Issue Monthly Dividend of $0.50 on October 30th

Olympia Financial Group Inc. (TSE:OLY) declared a monthly dividend on Wednesday, October 21st. Investors of record on Friday, October 30th will be given a dividend of $0.50 per share by the health services provider on Friday, October 30th. This represents a $6.00 annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Wednesday, October 21st.

Olympia Financial Group Price Performance

Olympia Financial Group stock opened at C$109.22 on Monday. The company has a quick ratio of 1.59, a current ratio of 57.49 and a debt-to-equity ratio of 22.31. The firm has a market cap of C$262.78 million, a price-to-earnings ratio of 14.37 and a beta of 0.05. The business’s 50-day moving average price is C$100.05 and its 200 day moving average price is C$107.49. Olympia Financial Group has a 52 week low of C$86.65 and a 52 week high of C$125.93.

Olympia Financial Group (TSE:OLY) last announced its earnings results on Thursday, August 13th. The health services provider reported C$1.53 EPS for the quarter. The business had revenue of C$21.43 million during the quarter. Olympia Financial Group had a return on equity of 35.11% and a net margin of 17.31%. As a group, sell-side analysts anticipate that Olympia Financial Group will post 3.06 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Brian Ross Newman sold 300 shares of Olympia Financial Group stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of C$104.00, for a total transaction of C$31,200.00. Insiders have sold a total of 1,000 shares of company stock worth $103,800 over the last quarter. 34.63% of the stock is currently owned by insiders.

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”.