Canadian General Investments (TSE:CGI - Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as C$43.02 and last traded at C$42.82, with a volume of 1430 shares trading hands. The stock had previously closed at C$41.67.
Canadian General Investments Stock Performance
The company has a fifty day moving average of C$40.92 and a two-hundred day moving average of C$39.41. The firm has a market capitalization of C$871.11 million, a price-to-earnings ratio of 5.35 and a beta of 1.18. The company has a debt-to-equity ratio of 13.42, a quick ratio of 7.44 and a current ratio of 6.79.
Canadian General Investments Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Sunday, December 15th. Investors of record on Friday, November 29th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date of this dividend was Friday, November 29th. Canadian General Investments's payout ratio is currently 12.80%.
About Canadian General Investments
(
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Canadian General Investments, Limited is a close ended equity mutual fund launched and managed by Morgan Meighen & Associates Limited. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalization.
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