EQB Inc. (TSE:EQB) Raises Dividend to $0.59 Per Share

EQB Inc. (TSE:EQB) declared a quarterly dividend on Friday, March 13th, TickerTech Dividends reports. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.59 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, March 13th. This is a 3.5% increase from EQB’s previous quarterly dividend of $0.57.

EQB Trading Down 1.6%

Shares of TSE EQB traded down C$1.83 during midday trading on Wednesday, reaching C$116.05. The company’s stock had a trading volume of 46,912 shares, compared to its average volume of 158,225. EQB has a one year low of C$83.93 and a one year high of C$126.51. The company has a market cap of C$4.25 billion, a price-to-earnings ratio of 19.37, a price-to-earnings-growth ratio of 0.34 and a beta of 0.78. The company has a 50 day moving average price of C$111.12 and a 200 day moving average price of C$99.04.

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.