Canaccord Genuity Group Inc. (TSE:CF) declared a quarterly dividend on Tuesday, June 1st, Zacks reports. Shareholders of record on Friday, June 18th will be paid a dividend of 0.075 per share by the financial services provider on Wednesday, June 30th. This represents a $0.30 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend is Thursday, June 17th. This is a boost from Canaccord Genuity Group’s previous quarterly dividend of $0.07.
Shares of CF opened at C$13.35 on Wednesday. Canaccord Genuity Group has a 52-week low of C$5.73 and a 52-week high of C$14.29. The company has a debt-to-equity ratio of 31.28, a quick ratio of 1.01 and a current ratio of 1.09. The firm has a 50 day simple moving average of C$12.54. The firm has a market capitalization of C$1.28 billion and a price-to-earnings ratio of 6.54.
CF has been the topic of a number of research reports. TD Securities upped their target price on Canaccord Genuity Group from C$16.00 to C$17.00 and gave the stock a “buy” rating in a research report on Thursday, June 3rd. Cormark upped their target price on Canaccord Genuity Group from C$19.00 to C$20.50 and gave the stock a “tender” rating in a research report on Thursday, June 3rd.
Canaccord Genuity Group Company Profile
Canaccord Genuity Group Inc, a full-service financial services company, provides investment solutions, and brokerage and investment banking services to individual, institutional, corporate, and government clients. It operates in two segments, Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management.
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