Olympia Financial Group Inc. Plans Monthly Dividend of $0.60 (TSE:OLY)

Olympia Financial Group Inc. (TSE:OLY) declared a monthly dividend on Wednesday, May 20th, TickerTech Dividends reports. Shareholders of record on Friday, May 29th will be given a dividend of 0.60 per share by the health services provider on Friday, May 29th. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend is Wednesday, May 20th.

Olympia Financial Group Stock Performance

TSE:OLY opened at C$123.50 on Monday. The company has a debt-to-equity ratio of 22.15, a current ratio of 67.57 and a quick ratio of 1.59. Olympia Financial Group has a fifty-two week low of C$105.54 and a fifty-two week high of C$134.24. The stock’s 50-day moving average is C$121.38 and its two-hundred day moving average is C$117.76. The stock has a market cap of C$297.14 million, a PE ratio of 14.97 and a beta of 0.32.

Olympia Financial Group (TSE:OLY) last released its earnings results on Thursday, May 14th. The health services provider reported C$2.32 earnings per share for the quarter. Olympia Financial Group had a return on equity of 39.27% and a net margin of 18.44%.The company had revenue of C$22.06 million for the quarter. As a group, equities research analysts forecast that Olympia Financial Group will post 3.06 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$167.49 target price on Olympia Financial Group and gave the company a “buy” rating in a research note on Tuesday, March 17th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$167.49.

Olympia Financial Group Company Profile

Olympia Financial Group Inc (“OFGI”) conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered plan accounts, corporate trust, and transfer agency services. OFGI also provides currency exchange and global payment services through its subsidiary Olympia Currency and Global Payments Inc, and offers private health services plans and information technology services to exempt market dealers, registrants, and issuers through its subsidiary Olympia Benefits Inc OFGI’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.