E-L Financial Co. Limited (TSE:ELF) Plans $0.04 Quarterly Dividend

E-L Financial Co. Limited (TSE:ELF) announced a quarterly dividend on Tuesday, June 30th, TickerTech Dividends reports. Investors of record on Friday, July 17th will be paid a dividend of 0.04 per share by the insurance provider on Friday, July 17th. This represents a c) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Tuesday, June 30th.

E-L Financial Stock Performance

Shares of TSE:ELF opened at C$16.93 on Friday. The stock has a market capitalization of C$5.86 billion, a P/E ratio of 5.15 and a beta of 1.37. E-L Financial has a 1-year low of C$14.31 and a 1-year high of C$18.97. The company has a current ratio of 1.41, a quick ratio of 2.70 and a debt-to-equity ratio of 6.83. The business has a 50-day moving average price of C$17.03 and a two-hundred day moving average price of C$16.86.

E-L Financial (TSE:ELF) last released its earnings results on Thursday, May 14th. The insurance provider reported C$0.09 earnings per share (EPS) for the quarter. The company had revenue of C$524.00 million for the quarter. E-L Financial had a net margin of 43.93% and a return on equity of 13.43%. Equities analysts predict that E-L Financial will post 0.25 earnings per share for the current year.

Insiders Place Their Bets

In other E-L Financial news, insider E-L Financial Corporation Limited acquired 6,400 shares of E-L Financial stock in a transaction on Wednesday, May 27th. The shares were purchased at an average cost of C$17.11 per share, with a total value of C$109,504.00. Following the completion of the purchase, the insider owned 142,600 shares in the company, valued at C$2,439,886. The trade was a 4.70% increase in their ownership of the stock. Insiders have purchased 13,300 shares of company stock valued at $226,870 in the last quarter. Corporate insiders own 57.79% of the company’s stock.

About E-L Financial

E-L Financial Corp Ltd operates as an investment and insurance holding company. The firm organizes itself into two segments namely E-L Corporate and Empire Life. The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products whereas, the E-L Corporate segment operations include the oversight of investments in global equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies.