Canaccord Genuity Group Inc (CF) to Issue Quarterly Dividend of $0.01 on September 10th
Canaccord Genuity Group Inc (TSE:CF) declared a quarterly dividend on Thursday, August 30th, TickerTech reports. Shareholders of record on Monday, September 10th will be paid a dividend of 0.01 per share by the financial services provider on Monday, September 10th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date is Thursday, August 30th.
Shares of TSE:CF traded up C$0.04 on Friday, reaching C$7.30. 101,100 shares of the company’s stock were exchanged, compared to its average volume of 242,137. Canaccord Genuity Group has a twelve month low of C$4.08 and a twelve month high of C$7.49.
Canaccord Genuity Group (TSE:CF) last announced its earnings results on Wednesday, June 6th. The financial services provider reported C$0.28 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$0.22 by C$0.06. Canaccord Genuity Group had a net margin of 11.83% and a return on equity of 23.93%. The firm had revenue of C$322.08 million for the quarter, compared to analyst estimates of C$283.00 million.
A number of analysts have recently weighed in on the stock. TD Securities upped their price target on shares of Canaccord Genuity Group from C$8.00 to C$9.00 and gave the stock a “buy” rating in a report on Thursday. Cormark upped their price target on shares of Canaccord Genuity Group from C$8.25 to C$9.00 in a report on Friday, June 8th.
Canaccord Genuity Group Company Profile
Canaccord Genuity Group Inc, an independent and full-service financial services company, provides investment solutions, and brokerage and investment banking services to individual, institutional, corporate, and government clients. It operates in two segments, Canaccord Genuity and Canaccord Genuity Wealth Management.
See Also: Diversification Important in Investing
Receive News & Ratings for Canaccord Genuity Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canaccord Genuity Group and related companies with MarketBeat.com's FREE daily email newsletter.