E-L Financial Co. Limited (TSE:ELF) Plans $3.75 Quarterly Dividend

E-L Financial Co. Limited (TSE:ELF) announced a quarterly dividend on Friday, June 28th, Zacks reports. Shareholders of record on Wednesday, July 17th will be paid a dividend of 3.75 per share by the insurance provider on Wednesday, July 17th. This represents a $15.00 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date is Friday, June 28th.

E-L Financial Stock Performance

Shares of TSE ELF traded up C$1.12 during trading hours on Wednesday, reaching C$1,112.00. The stock had a trading volume of 861 shares, compared to its average volume of 450. The company has a debt-to-equity ratio of 7.88, a current ratio of 2.13 and a quick ratio of 2.70. The business’s fifty day moving average is C$1,111.96 and its two-hundred day moving average is C$1,066.48. E-L Financial has a twelve month low of C$848.00 and a twelve month high of C$1,150.00. The company has a market cap of C$3.85 billion, a price-to-earnings ratio of 3.54 and a beta of 0.83.

E-L Financial (TSE:ELF) last announced its quarterly earnings results on Thursday, May 9th. The insurance provider reported C$148.72 earnings per share for the quarter. The business had revenue of C$339.00 million for the quarter. E-L Financial had a net margin of 39.01% and a return on equity of 16.27%. As a group, research analysts expect that E-L Financial will post 0.25 EPS for the current year.

About E-L Financial

E-L Financial Corporation Limited operates as an investment and insurance holding company in Canada. It operates through two segments, E-L Corporate and Empire Life. The company owns investments in equities and fixed income securities directly and indirectly through common shares, investment funds, closed-end investment companies, pooled funds, limited partnerships, and other private and investment companies.