EQB Inc. (EQB) to Issue Quarterly Dividend of $0.57 on December 31st

EQB Inc. (TSE:EQB) declared a quarterly dividend on Monday, December 15th, TickerTech Dividends reports. Stockholders of record on Wednesday, December 31st will be given a dividend of 0.57 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Monday, December 15th. This is a 3.6% increase from EQB’s previous quarterly dividend of $0.55.

EQB Stock Performance

Shares of TSE:EQB traded down C$0.36 during trading on Friday, reaching C$98.10. 116,742 shares of the stock were exchanged, compared to its average volume of 114,283. The firm’s 50-day moving average price is C$89.83 and its 200 day moving average price is C$94.67. The firm has a market cap of C$3.77 billion, a price-to-earnings ratio of 14.75, a price-to-earnings-growth ratio of 0.34 and a beta of 0.95. EQB has a 12-month low of C$83.93 and a 12-month high of C$114.22.

EQB (TSE:EQB) last posted its earnings results on Wednesday, December 3rd. The company reported C$6.56 earnings per share for the quarter. EQB had a net margin of 13.04% and a return on equity of 8.52%. As a group, equities research analysts forecast 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.