Olympia Financial Group Inc. (OLY) to Issue Monthly Dividend of $0.50 on September 29th

Olympia Financial Group Inc. (TSE:OLY) declared a monthly dividend on Friday, September 18th. Stockholders of record on Tuesday, September 29th will be given a dividend of 0.50 per share by the health services provider on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Friday, September 18th.

Olympia Financial Group Stock Performance

Shares of TSE OLY opened at C$98.44 on Wednesday. The company has a market cap of C$236.85 million, a P/E ratio of 12.95 and a beta of 0.11. Olympia Financial Group has a 52-week low of C$86.65 and a 52-week high of C$132.53. The company has a debt-to-equity ratio of 22.31, a quick ratio of 1.59 and a current ratio of 57.49. The firm’s fifty day moving average is C$101.31 and its two-hundred day moving average is C$110.45.

Olympia Financial Group (TSE:OLY) last announced its quarterly earnings results on Thursday, August 13th. The health services provider reported C$1.53 EPS for the quarter. Olympia Financial Group had a return on equity of 35.11% and a net margin of 17.31%.The company had revenue of C$21.43 million during the quarter. As a group, analysts anticipate that Olympia Financial Group will post 3.06 EPS for the current fiscal year.

Insider Activity at Olympia Financial Group

In other news, Director Brian Ross Newman sold 300 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of C$104.00, for a total value of C$31,200.00. In the last three months, insiders have sold 1,000 shares of company stock valued at $103,800. Insiders own 34.63% of the company’s stock.

Olympia Financial Group Company Profile

Olympia Financial Group Inc (“OFGI”) conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered plan accounts, corporate trust, and transfer agency services. OFGI also provides currency exchange and global payment services through its subsidiary Olympia Currency and Global Payments Inc, and offers private health services plans and information technology services to exempt market dealers, registrants, and issuers through its subsidiary Olympia Benefits Inc OFGI’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.