Guardian Capital Group Limited (TSE:GCG) Plans Dividend Increase - $0.39 Per Share

Guardian Capital Group Limited (TSE:GCG - Get Free Report) announced a quarterly dividend on Friday, April 11th, TickerTech Dividends reports. Investors of record on Thursday, April 17th will be paid a dividend of 0.39 per share by the financial services provider on Thursday, April 17th. This represents a $1.56 annualized dividend and a dividend yield of 4.05%. The ex-dividend date of this dividend is Friday, April 11th. This is a 5.4% increase from Guardian Capital Group's previous quarterly dividend of $0.37.

Guardian Capital Group Trading Up 1.0 %

Shares of TSE GCG traded up C$0.39 during trading on Monday, reaching C$38.52. The firm has a 50-day moving average price of C$41.93 and a two-hundred day moving average price of C$42.48. The stock has a market cap of C$941.11 million, a PE ratio of 8.63 and a beta of 1.10. Guardian Capital Group has a 52-week low of C$38.50 and a 52-week high of C$49.50. The company has a debt-to-equity ratio of 14.08, a quick ratio of 0.64 and a current ratio of 0.80.

Analyst Upgrades and Downgrades

Separately, CIBC upped their price objective on shares of Guardian Capital Group from C$44.00 to C$47.00 and gave the company a "neutral" rating in a research report on Friday, March 7th.

Guardian Capital Group Company Profile

Guardian Capital Group Limited, through its subsidiaries, primarily engages in the provision of investment services to a range of clients in Canada, the United States, the United Kingdom, the Caribbean, and internationally. The company operates through two segments: Investment Management, and Corporate Activities and Investments.