EQB Inc. (EQB) to Issue Quarterly Dividend of $0.63 on September 29th

EQB Inc. (TSE:EQB) announced a quarterly dividend on Tuesday, September 15th. Shareholders of record on Tuesday, September 29th will be given a dividend of 0.63 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a 3.3% increase from EQB’s previous quarterly dividend of $0.61.

EQB Stock Performance

Shares of TSE:EQB traded up C$1.09 during trading on Friday, hitting C$129.60. The company’s stock had a trading volume of 63,684 shares, compared to its average volume of 121,483. EQB has a fifty-two week low of C$83.93 and a fifty-two week high of C$150.32. The business has a 50 day moving average price of C$136.74 and a two-hundred day moving average price of C$124.43. The company has a market capitalization of C$5.52 billion, a PE ratio of -462.86, a P/E/G ratio of 0.34 and a beta of 0.83.

EQB (TSE:EQB) last released its earnings results on Wednesday, August 26th. The company reported C$2.12 EPS for the quarter. The firm had revenue of C$393.04 million during the quarter. EQB had a negative return on equity of 0.07% and a negative net margin of 0.08%. As a group, equities analysts expect that EQB will post 12.5988235 earnings per share for the current fiscal year.

About EQB

EQB Inc (TSX: EQB) is a leading Canadian financial services company with approximately $151 billion in combined assets under management and administration. It is the parent company of Equitable Bank, the country’s seventh largest Schedule I bank by assets, which operates EQ Bank, Canada’s Challenger Bank. Our purpose is to remake banking so every Canadian gets ahead, every day. Since 1970, we have built thoughtful financial solutions that serve more than 4 million customers, turning everyday moments into meaningful progress.