E-L Financial Corp Ltd (ELF) Plans Quarterly Dividend of $1.25
E-L Financial Corp Ltd (TSE:ELF) declared a quarterly dividend on Tuesday, March 6th, Zacks reports. Shareholders of record on Thursday, March 29th will be paid a dividend of 1.25 per share by the insurance provider on Tuesday, April 17th. This represents a $5.00 annualized dividend and a yield of 0.61%. The ex-dividend date of this dividend is Wednesday, March 28th.
Shares of E-L Financial (TSE ELF) traded down C$7.30 during mid-day trading on Friday, reaching C$816.70. 200 shares of the company’s stock traded hands, compared to its average volume of 790. E-L Financial has a 52 week low of C$785.20 and a 52 week high of C$877.16. The stock has a market cap of $3,290.00, a PE ratio of 6.99 and a beta of 0.25.
In other news, Director Robert Beverley Matthews acquired 100 shares of E-L Financial stock in a transaction dated Thursday, March 8th. The shares were acquired at an average cost of C$819.10 per share, for a total transaction of C$81,910.00. Also, insider Maria Victoria Duncan Jackman acquired 185 shares of E-L Financial stock in a transaction dated Tuesday, January 23rd. The stock was purchased at an average price of C$810.00 per share, for a total transaction of C$149,850.00. Insiders acquired a total of 296 shares of company stock valued at $240,835 in the last three months.
E-L Financial Company Profile
E-L Financial Corp Ltd is a Canada-based investment and insurance holding company. It operates through the segments: E-L Corporate and The Empire Life Insurance Company (Empire or Empire Life). The operation of E-L Corporate segment include the oversight of investments in global equities held through direct and indirect holdings of common shares, investment funds, closed-end investment companies and other private companies in United, Economic and Algoma.
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