IGM Financial (OTCMKTS:IGIFF) Shares Pass Above 50 Day Moving Average – Here’s What Happened

Posted by Nicole Kennedy on Oct 23rd, 2025

Shares of IGM Financial Inc. (OTCMKTS:IGIFF – Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $36.45 and traded as high as $38.32. IGM Financial shares last traded at $38.32, with a volume of 319 shares traded.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on IGIFF. BMO Capital Markets restated a “market perform” rating on shares of IGM Financial in a research report on Friday, August 8th. TD Securities reaffirmed a “buy” rating on shares of IGM Financial in a report on Friday, August 8th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of IGM Financial in a report on Friday, August 8th. Finally, Scotiabank reaffirmed a “sector perform” rating on shares of IGM Financial in a report on Thursday, August 7th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, IGM Financial has an average rating of “Hold”.

Check Out Our Latest Report on IGM Financial

IGM Financial Price Performance

The business has a fifty day simple moving average of $36.45 and a 200-day simple moving average of $33.38.

IGM Financial Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, October 31st. Stockholders of record on Monday, September 29th will be paid a $0.4087 dividend. The ex-dividend date of this dividend is Friday, September 26th. This is a positive change from IGM Financial’s previous dividend of $0.40. This represents a dividend yield of 441.0%. IGM Financial’s payout ratio is currently 67.85%.

IGM Financial Company Profile

(Get Free Report)

IGM Financial Inc operates as a wealth and asset management company in Canada. It operates through Wealth Management and Asset Management segments. The Wealth Management segment offers investments that are focused on providing financial planning and related services; and provides mutual fund management and discretionary portfolio management services.