ECN Capital Corp. to Issue Quarterly Dividend of $0.01 (TSE:ECN)

ECN Capital Corp. (TSE:ECN) announced a quarterly dividend on Friday, March 20th, TickerTech Dividends reports. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.01 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, March 20th.

ECN Capital Price Performance

ECN stock opened at C$3.08 on Wednesday. The company has a current ratio of 8.03, a quick ratio of 3.81 and a debt-to-equity ratio of 284.21. The company has a market capitalization of C$867.74 million, a PE ratio of 61.60, a P/E/G ratio of 0.24 and a beta of 1.67. ECN Capital has a 12-month low of C$2.38 and a 12-month high of C$3.26. The business’s fifty day moving average price is C$3.05 and its 200 day moving average price is C$2.99.

ECN Capital Company Profile

With managed assets of US$7.6 billion, ECN Capital Corp. (TSX: ECN) is a leading provider of business services to North American-based banks, institutional investors, insurance company, pension plan, bank and credit union partners (collectively, its ” Partners “). ECN Capital originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (floorplan and rental) loans. Its Partners are seeking high-quality assets to match with their deposits, term insurance or other liabilities.