Chesswood Group Ltd to Issue Monthly Dividend of $0.07 (CHW)
Chesswood Group Ltd (TSE:CHW) declared a monthly dividend on Wednesday, August 22nd, Zacks reports. Investors of record on Friday, August 31st will be paid a dividend of 0.07 per share on Monday, September 17th. This represents a $0.84 annualized dividend and a yield of 6.78%. The ex-dividend date of this dividend is Thursday, August 30th.
CHW stock traded down C$0.01 on Friday, hitting C$12.39. 12,800 shares of the company’s stock were exchanged, compared to its average volume of 18,683. Chesswood Group has a 12-month low of C$9.04 and a 12-month high of C$13.00.
In other Chesswood Group news, insider Daniel Wittlin bought 2,500 shares of the company’s stock in a transaction that occurred on Friday, July 20th. The shares were purchased at an average cost of C$11.23 per share, for a total transaction of C$28,075.00. Also, Director Frederick William Steiner bought 3,900 shares of the company’s stock in a transaction that occurred on Thursday, May 31st. The shares were acquired at an average price of C$10.35 per share, for a total transaction of C$40,365.00. Over the last 90 days, insiders have purchased 10,100 shares of company stock worth $109,505.
Chesswood Group Limited, a financial services company, operates primarily in the specialty finance industry. The company operates through Equipment Financing – U.S. and Equipment Financing ? Canada segments. It offers micro and small-ticket equipment financing to small and medium-sized businesses in the lower 48 states of the United States.
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