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

Canadian General Investments (TSE:CGI) announced a quarterly dividend on Thursday, April 18th, Zacks reports. Stockholders of record on Friday, May 31st will be given a dividend of 0.25 per share on Saturday, June 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date is Friday, May 31st.

Canadian General Investments Trading Down 0.6 %

TSE:CGI opened at C$36.85 on Friday. The firm has a market cap of C$768.69 million, a P/E ratio of 4.41 and a beta of 1.18. Canadian General Investments has a 52 week low of C$32.49 and a 52 week high of C$38.50. The firm’s fifty day moving average is C$36.69 and its 200-day moving average is C$35.34. The company has a debt-to-equity ratio of 15.08, a quick ratio of 7.44 and a current ratio of 7.53.

About Canadian General Investments

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.