EQB Inc. (EQB) To Go Ex-Dividend on June 15th

EQB Inc. (TSE:EQB) declared a quarterly dividend on Monday, June 15th, TickerTech Dividends reports. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.61 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Monday, June 15th. This is a 3.4% increase from EQB’s previous quarterly dividend of $0.59.

EQB Stock Performance

EQB stock traded up C$0.73 during trading hours on Friday, reaching C$120.56. 56,594 shares of the company’s stock traded hands, compared to its average volume of 128,741. EQB has a fifty-two week low of C$83.93 and a fifty-two week high of C$126.51. The firm has a market capitalization of C$4.41 billion, a price-to-earnings ratio of 23.69, a PEG ratio of 0.34 and a beta of 1.01. The firm’s 50 day moving average is C$117.60 and its 200-day moving average is C$110.41.

EQB (TSE:EQB) last released its earnings results on Wednesday, May 27th. The company reported C$2.03 earnings per share (EPS) for the quarter. The company had revenue of C$302.36 million for the quarter. EQB had a net margin of 6.61% and a return on equity of 6.16%. Analysts predict that EQB will post 12.5988235 EPS for the current year.

EQB Company Profile

EQB Inc formerly Equitable Group Inc trades on the Toronto Stock Exchange TSX: EQB and EQB.PR.C and serves over 360000 Canadians through its wholly owned subsidiary Equitable Bank Canadas Challenger Bank. Equitable Bank has grown to become the countrys eighth largest independent Schedule I bank with a clear mandate to drive real change in Canadian banking to enrich peoples lives. At Equitable Bank we are as invested in our employees as we are in our business. Thats why we are consistently recognized as one of Canadas Top Employers a rating that comes from our 1300+ employees.