EQB Inc. (TSE:EQB) Plans Quarterly Dividend of $0.61

EQB Inc. (TSE:EQB) announced a quarterly dividend on Monday, June 15th, TickerTech Dividends reports. Investors 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 Price Performance

TSE EQB traded up C$0.73 during mid-day trading on Friday, hitting C$120.56. The company’s stock had a trading volume of 56,594 shares, compared to its average volume of 128,741. The firm has a market capitalization of C$4.41 billion, a P/E ratio of 23.69, a price-to-earnings-growth ratio of 0.34 and a beta of 1.01. EQB has a 52-week low of C$83.93 and a 52-week high of C$126.51. The stock’s fifty day simple moving average is C$117.60 and its two-hundred day simple moving average is C$110.41.

EQB (TSE:EQB) last released its quarterly earnings data on Wednesday, May 27th. The company reported C$2.03 earnings per share (EPS) for the quarter. EQB had a net margin of 6.61% and a return on equity of 6.16%. The company had revenue of C$302.36 million during the quarter. On average, equities analysts forecast that EQB will post 12.5988235 earnings per share for the current fiscal 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.