E-L Financial (TSE:ELF) Sets New 1-Year High - Here's What Happened

E-L Financial Co. Limited (TSE:ELF - Get Free Report) shares hit a new 52-week high on Thursday . The company traded as high as C$1,555.00 and last traded at C$1,555.00, with a volume of 1185 shares changing hands. The stock had previously closed at C$1,490.00.

E-L Financial Trading Down 8.1 %

The stock's 50 day moving average is C$1,410.78. The company has a market capitalization of C$4.99 billion, a PE ratio of 2.70 and a beta of 0.85.

E-L Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, January 17th were issued a $3.75 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $15.00 dividend on an annualized basis and a dividend yield of 1.04%. E-L Financial's dividend payout ratio (DPR) is presently 2.81%.

About E-L Financial

E-L Financial Corp Ltd operates as an investment and insurance holding company. The firm organizes itself into two segments namely E-L Corporate and Empire Life. The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products whereas, the E-L Corporate segment operations include the oversight of investments in global equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies.