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

Canadian General Investments (TSE:CGI) declared a quarterly dividend on Thursday, October 17th, Zacks reports. Investors of record on Friday, November 29th will be paid a dividend of 0.25 per share on Sunday, December 15th. This represents a $1.00 annualized dividend and a yield of 2.45%. The ex-dividend date of this dividend is Friday, November 29th.

Canadian General Investments Trading Down 0.4 %

Shares of Canadian General Investments stock opened at C$40.75 on Friday. The stock has a market cap of C$850.05 million, a P/E ratio of 5.22 and a beta of 1.18. The company has a quick ratio of 7.44, a current ratio of 6.79 and a debt-to-equity ratio of 13.42. Canadian General Investments has a 12-month low of C$32.49 and a 12-month high of C$41.23. The business’s 50 day moving average is C$39.00 and its 200-day moving average is C$38.07.

Canadian General Investments Company Profile

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.