ECN Capital Corp. (TSE:ECN) Announces Quarterly Dividend of $0.01

ECN Capital Corp. (TSE:ECN - Get Free Report) declared a quarterly dividend on Thursday, March 20th, TickerTech Dividends reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.01 per share on Monday, March 31st. This represents a $0.04 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date is Thursday, March 20th.

ECN Capital Price Performance

Shares of TSE ECN remained flat at C$2.82 during mid-day trading on Friday. The stock had a trading volume of 170,897 shares, compared to its average volume of 167,346. The stock has a market cap of C$565.92 million, a P/E ratio of -12.60, a PEG ratio of 0.24 and a beta of 1.35. The company has a quick ratio of 3.81, a current ratio of 13.28 and a debt-to-equity ratio of 304.13. ECN Capital has a twelve month low of C$1.60 and a twelve month high of C$3.52. The business's fifty day moving average price is C$3.15 and its 200-day moving average price is C$2.75.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. CIBC increased their price objective on ECN Capital from C$2.50 to C$3.50 and gave the company a "neutral" rating in a research note on Thursday, January 30th. National Bank Financial cut ECN Capital from a "strong-buy" rating to a "hold" rating in a research note on Sunday, February 2nd. Five research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of C$2.68.

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ECN Capital Company Profile

ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates in two segments, Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company offers consumer loans, including manufactured housing, recreational vehicle, and marine loans; and commercial loans, such as inventory finance or floorplan loans.