Guardian Capital Group (TSE:GCG) Announces Earnings Results

Guardian Capital Group (TSE:GCG) posted its earnings results on Thursday. The financial services provider reported C$2.89 earnings per share (EPS) for the quarter, FiscalAI reports. Guardian Capital Group had a net margin of 37.41% and a return on equity of 8.33%. The business had revenue of C$91.96 million for the quarter.

Guardian Capital Group Stock Performance

Shares of GCG stock traded down C$0.05 on Friday, reaching C$66.95. The stock had a trading volume of 200 shares, compared to its average volume of 1,807. The company has a debt-to-equity ratio of 14.08, a quick ratio of 0.64 and a current ratio of 0.80. Guardian Capital Group has a 1 year low of C$38.50 and a 1 year high of C$67.25. The stock has a market cap of C$1.64 billion, a P/E ratio of 10.83 and a beta of 1.13. The company has a 50 day simple moving average of C$66.85 and a 200 day simple moving average of C$52.14.

Guardian Capital Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Friday, October 17th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, October 10th. Guardian Capital Group’s dividend payout ratio is presently 24.27%.

About Guardian Capital Group

Guardian Capital Group Ltd is a diversified financial services company. It operates in two main business areas, Asset Management and Financial Advisory. Guardian offers institutional and private wealth investment management services; financial services to international investors; services to financial advisors in its national mutual fund dealer, securities dealer, and insurance distribution network; and maintains and manages a proprietary investment portfolio.