Canaccord Genuity Group Inc (CF) Declares $0.01 Quarterly Dividend

Canaccord Genuity Group Inc (TSE:CF) announced a quarterly dividend on Wednesday, June 14th, TickerTech reports. Stockholders of record on Monday, July 3rd will be paid a dividend of 0.01 per share by the financial services provider on Monday, July 3rd. This represents a $0.04 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend is Wednesday, June 14th.

Canaccord Genuity Group (CF) traded up 0.40% during trading on Tuesday, hitting $5.04. The company’s stock had a trading volume of 248,870 shares. Canaccord Genuity Group has a one year low of $3.53 and a one year high of $5.70. The company has a 50-day moving average of $4.65 and a 200 day moving average of $4.76. The firm has a market cap of $467.61 million and a PE ratio of 18.67.

Dividend History for Canaccord Genuity Group (TSE:CF)

In other news, Director Dvaipayan Ghose sold 17,500 shares of the firm’s stock in a transaction that occurred on Tuesday, June 13th. The shares were sold at an average price of C$5.00, for a total transaction of C$87,500.00. Insiders have sold a total of 23,546 shares of company stock worth $116,702 over the last 90 days.

A number of equities analysts have recently issued reports on the stock. TD Securities upgraded shares of Canaccord Genuity Group from a “hold” rating to a “buy” rating and increased their price objective for the company from C$5.50 to C$6.00 in a research note on Monday, June 5th. Scotiabank restated a “sector perform” rating on shares of Canaccord Genuity Group in a research note on Thursday, March 30th.

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About Canaccord Genuity Group

Canaccord Genuity Group Inc is a Canada-based independent financial services company. The Company has operations in two principal segments of the securities industry: wealth management and capital markets. The Company’s segments include Canaccord Genuity, Canaccord Genuity Wealth Management, and Corporate and Other.

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