E-L Financial (TSE:ELF) Insider Purchases C$16,390.00 in Stock

E-L Financial Co. Limited (TSE:ELF) insider E-L Financial Corporation Limited bought 1,000 shares of E-L Financial stock in a transaction dated Friday, September 12th. The stock was acquired at an average price of C$16.39 per share, with a total value of C$16,390.00. Following the completion of the transaction, the insider directly owned 4,400 shares of the company’s stock, valued at approximately C$72,116. The trade was a 29.41% increase in their ownership of the stock.

E-L Financial Corporation Limited also recently made the following trade(s):

• On Monday, September 8th, E-L Financial Corporation Limited acquired 1,000 shares of E-L Financial stock. The stock was acquired at an average price of C$15.49 per share, with a total value of C$15,490.00.
• On Wednesday, September 10th, E-L Financial Corporation Limited bought 1,000 shares of E-L Financial stock. The stock was acquired at an average cost of C$15.36 per share, for a total transaction of C$15,360.00.
• On Thursday, September 11th, E-L Financial Corporation Limited purchased 400 shares of E-L Financial stock. The stock was bought at an average price of C$15.54 per share, with a total value of C$6,216.00.
• On Monday, September 15th, E-L Financial Corporation Limited purchased 1,000 shares of E-L Financial stock. The stock was bought at an average cost of C$16.41 per share, with a total value of C$16,410.00.
• On Tuesday, September 16th, E-L Financial Corporation Limited acquired 900 shares of E-L Financial stock. The shares were bought at an average price of C$16.42 per share, for a total transaction of C$14,778.00.
• On Wednesday, September 17th, E-L Financial Corporation Limited bought 300 shares of E-L Financial stock. The stock was bought at an average price of C$16.46 per share, with a total value of C$4,938.00.

E-L Financial Stock Up 0.4%

Shares of ELF opened at C$16.19 on Monday. E-L Financial Co. Limited has a 52-week low of C$11.77 and a 52-week high of C$18.19. The stock has a fifty day simple moving average of C$15.48 and a two-hundred day simple moving average of C$520.66. The company has a market capitalization of C$5.60 billion, a PE ratio of 4.78 and a beta of 1.17.

E-L Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 17th will be issued a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 1.0%. The ex-dividend date is Monday, September 29th. E-L Financial’s payout ratio is presently 4.50%.

About E-L Financial

E-L Financial Corp Ltd operates as an investment and insurance holding company. The firm organizes itself into two segments namely E-L Corporate and Empire Life. The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products whereas, the E-L Corporate segment operations include the oversight of investments in global equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies.