IGM Financial Inc. (TSE:IGM) Shareholders Set to Receive $0.62 Quarterly Dividend

IGM Financial Inc. (TSE:IGM) announced a quarterly dividend on Monday, September 28th. Shareholders of record on Friday, October 30th will be paid a dividend of $0.62 per share by the financial services provider on Friday, October 30th. This represents a $2.48 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Monday, September 28th.

IGM Financial Stock Up 0.7%

IGM opened at C$85.32 on Friday. IGM Financial has a 12 month low of C$50.06 and a 12 month high of C$92.01. The business has a 50-day moving average of C$86.94 and a two-hundred day moving average of C$79.07. The company has a debt-to-equity ratio of 82.59, a current ratio of 1.28 and a quick ratio of 0.31. The stock has a market capitalization of C$19.70 billion, a price-to-earnings ratio of 17.27, a price-to-earnings-growth ratio of 4.09 and a beta of 0.93.

IGM Financial (TSE:IGM) last released its earnings results on Wednesday, July 29th. The financial services provider reported C$1.41 earnings per share (EPS) for the quarter. IGM Financial had a net margin of 29.82% and a return on equity of 12.91%. The business had revenue of C$1.07 million for the quarter. On average, research analysts expect that IGM Financial will post 4.006816 earnings per share for the current year.

Insider Activity at IGM Financial

In related news, Director J. Luke Gould sold 6,900 shares of the company’s stock in a transaction on Friday, September 18th. The shares were sold at an average price of C$87.97, for a total transaction of C$606,993.00. Also, insider Rhonda Goldberg sold 2,599 shares of the stock in a transaction on Friday, July 31st. The shares were sold at an average price of C$86.76, for a total value of C$225,489.24. Following the completion of the sale, the insider owned 3,453 shares of the company’s stock, valued at approximately C$299,582.28. This represents a 42.94% decrease in their ownership of the stock. In the last 90 days, insiders have sold 44,658 shares of company stock worth $4,005,757. 66.58% of the stock is currently owned by corporate insiders.

About IGM Financial

Mackenzie Investments (“Mackenzie”) is a Canadian investment management firm with approximately $244 billion (CAD) in assets under management as of December 31, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London.