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Sagicor Financial Company Ltd. to Issue Quarterly Dividend of $0.08 (TSE:SFC)

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Sagicor Financial Company Ltd. (TSE:SFC - Get Free Report) announced a quarterly dividend on Tuesday, August 13th, Zacks reports. Stockholders of record on Tuesday, August 27th will be given a dividend of 0.083 per share on Tuesday, September 17th. This represents a $0.33 annualized dividend and a dividend yield of 5.43%. The ex-dividend date is Tuesday, August 27th.

Sagicor Financial Stock Up 0.2 %

TSE SFC traded up C$0.01 on Friday, reaching C$6.11. The company had a trading volume of 4,532 shares, compared to its average volume of 8,399. The firm has a market cap of C$861.94 million, a price-to-earnings ratio of 1.38 and a beta of 0.21. The stock's fifty day moving average price is C$6.23. Sagicor Financial has a 1-year low of C$4.25 and a 1-year high of C$7.41.

Insider Activity

In related news, Director Gilbert Samuel Palter acquired 7,200 shares of Sagicor Financial stock in a transaction dated Tuesday, June 18th. The shares were purchased at an average cost of C$6.50 per share, with a total value of C$46,800.00. 33.94% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

SFC has been the topic of several recent analyst reports. Royal Bank of Canada lowered their price objective on shares of Sagicor Financial from C$9.00 to C$8.50 and set an "outperform" rating on the stock in a research note on Tuesday, August 20th. Scotiabank decreased their price objective on shares of Sagicor Financial from C$10.00 to C$9.00 and set an "outperform" rating on the stock in a research note on Friday, August 16th.


Check Out Our Latest Analysis on SFC

Sagicor Financial Company Profile

(Get Free Report)

Sagicor Financial Company Ltd., together with its subsidiaries, provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States. It operates through three segments: Sagicor Jamaica, Sagicor Life, and Sagicor Life USA. The company offers life and health insurance products; employee benefits, including group health and group life benefits; and annuities, asset management, and property and casualty insurance.

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