E-L Financial (TSE:ELF) Stock Price Up 0.9% - Still a Buy?

E-L Financial Co. Limited (TSE:ELF - Get Free Report)'s share price traded up 0.9% during mid-day trading on Wednesday . The company traded as high as C$1,488.99 and last traded at C$1,488.99. 115 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 401 shares. The stock had previously closed at C$1,475.00.

E-L Financial Stock Performance

The company has a debt-to-equity ratio of 6.71, a quick ratio of 2.70 and a current ratio of 2.38. The company has a market cap of C$5.17 billion, a PE ratio of 4.54 and a beta of 0.85. The business's 50-day moving average is C$1,369.98 and its 200 day moving average is C$1,260.96.

E-L Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st will be issued a $3.75 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $15.00 annualized dividend and a dividend yield of 1.00%. E-L Financial's dividend payout ratio is currently 4.57%.

E-L Financial Company Profile

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.