Edward Douglas Kelterborn Sells 16,000 Shares of CI Financial Corp. (TSE:CIX) Stock

Posted by Mark Dietrich on Jun 3rd, 2025

CI Financial Corp. (TSE:CIX – Get Free Report) Senior Officer Edward Douglas Kelterborn sold 16,000 shares of the firm’s stock in a transaction on Monday, June 2nd. The stock was sold at an average price of C$31.46, for a total value of C$503,360.00.

CI Financial Stock Performance

TSE:CIX remained flat at C$31.46 on Tuesday. The company’s stock had a trading volume of 129,730 shares, compared to its average volume of 624,009. The stock has a market cap of C$4.53 billion, a price-to-earnings ratio of -65.58, a PEG ratio of 0.04 and a beta of 1.67. The company has a current ratio of 0.32, a quick ratio of 0.17 and a debt-to-equity ratio of 506.88. The stock’s fifty day moving average price is C$31.28 and its 200-day moving average price is C$30.88. CI Financial Corp. has a 1 year low of C$13.87 and a 1 year high of C$31.65.

CI Financial Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were issued a dividend of $0.20 per share. The ex-dividend date was Monday, March 31st. This represents a $0.80 annualized dividend and a yield of 2.54%. CI Financial’s dividend payout ratio (DPR) is currently -166.77%.

About CI Financial

(Get Free Report)

CI Financial Corp. is a publicly owned asset management holding company. Through its subsidiaries, the firm manages separate client focused equity, fixed income, and alternative investments portfolios. It also manages mutual funds, hedge funds, and fund of funds for its clients through its subsidiaries.