Clairvest Group (TSE:CVG) Issues Quarterly Earnings Results

Clairvest Group (TSE:CVG) announced its quarterly earnings data on Friday. The company reported C$3.61 EPS for the quarter, FiscalAI reports. Clairvest Group had a net margin of 57.92% and a return on equity of 9.03%. The business had revenue of C$74.27 million during the quarter.

Clairvest Group Price Performance

Shares of Clairvest Group stock remained flat at C$86.50 during trading on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 19.89 and a quick ratio of 2.73. Clairvest Group has a twelve month low of C$68.13 and a twelve month high of C$87.00. The company has a market cap of C$1.16 billion, a price-to-earnings ratio of 10.76 and a beta of 0.16. The company has a 50-day simple moving average of C$77.70 and a two-hundred day simple moving average of C$75.36.

Clairvest Group Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 24th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, July 3rd. This represents a dividend yield of 13.0%. Clairvest Group’s payout ratio is 1.24%.

Clairvest Group Company Profile

Clairvest Group Inc is a Canadian equity investment firm. The company invests in and partners with the management teams of business that have the potential to create average returns in their respective industries. Clairvest contributes financing and strategic expertise to support the growth and development of its investee companies in order to create realizable value for all shareholders. It invests its own capital into entrepreneurial corporations.