E-L Financial Co. Limited (ELF) To Go Ex-Dividend on September 29th

E-L Financial Co. Limited (TSE:ELF) announced a quarterly dividend on Tuesday, September 29th. Stockholders of record on Friday, October 16th will be paid a dividend of $0.04 per share by the insurance provider on Friday, October 16th. This represents a $0.16 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Tuesday, September 29th.

E-L Financial Stock Performance

Shares of E-L Financial stock opened at C$17.51 on Thursday. The company has a quick ratio of 2.70, a current ratio of 1.45 and a debt-to-equity ratio of 8.68. E-L Financial has a 52 week low of C$15.41 and a 52 week high of C$18.97. The firm’s 50 day moving average is C$17.45 and its two-hundred day moving average is C$17.02. The firm has a market capitalization of C$6.06 billion, a P/E ratio of 3.42 and a beta of 1.38.

E-L Financial (TSE:ELF) last issued its quarterly earnings data on Friday, August 7th. The insurance provider reported C$2.85 earnings per share for the quarter. E-L Financial had a return on equity of 19.97% and a net margin of 46.65%.The company had revenue of C$2.53 billion during the quarter. Research analysts forecast that E-L Financial will post 0.25 EPS for the current fiscal year.

E-L Financial Company Profile

E-L Financial operates as an investment and insurance holding company. In managing its operations, E-L Financial distinguishes between two operating segments, E-L Corporate and Empire Life. E-L Corporate represents investments in stocks and fixed income securities held directly and indirectly through closed-end investment companies and other investment companies. The investment strategy is to accumulate shareholder value through long-term capital appreciation and dividend and interest income from its investments.