Canadian General Investments (TSE:CGI) to Issue Quarterly Dividend of $0.25

Canadian General Investments (TSE:CGI) declared a quarterly dividend on Thursday, April 18th, Zacks reports. Investors of record on Friday, May 31st will be paid a dividend of 0.25 per share on Saturday, June 15th. This represents a $1.00 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date is Friday, May 31st.

Canadian General Investments Trading Down 0.6 %

TSE CGI opened at C$36.85 on Friday. The company has a debt-to-equity ratio of 15.08, a current ratio of 7.53 and a quick ratio of 7.44. The company has a market capitalization of C$768.69 million, a price-to-earnings ratio of 4.41 and a beta of 1.18. Canadian General Investments has a 12 month low of C$32.49 and a 12 month high of C$38.50. The company’s fifty day moving average price is C$36.69 and its two-hundred day moving average price is C$35.34.

About Canadian General Investments

Canadian General Investments, Limited is a close ended equity mutual fund launched and managed by Morgan Meighen & Associates Limited. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalization.