Industrial Alliance Insurance and Financial Services Inc. (TSE:IAG) Director Yvon Charest sold 10,000 shares of the business’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of C$60.50, for a total transaction of C$605,000.00.

Yvon Charest also recently made the following trade(s):

  • On Thursday, September 7th, Yvon Charest acquired 1,200 shares of Industrial Alliance Insurance and Financial Services stock. The stock was purchased at an average price of C$52.46 per share, for a total transaction of C$62,952.00.
  • On Tuesday, September 5th, Yvon Charest acquired 2,000 shares of Industrial Alliance Insurance and Financial Services stock. The stock was purchased at an average price of C$52.90 per share, for a total transaction of C$105,800.00.

Shares of Industrial Alliance Insurance and Financial Services Inc. (TSE:IAG) traded down C$0.28 on Friday, hitting C$59.89. 156,044 shares of the stock were exchanged, compared to its average volume of 144,798. Industrial Alliance Insurance and Financial Services Inc. has a 52-week low of C$48.74 and a 52-week high of C$61.73.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be paid a dividend of $0.38 per share. This is a positive change from Industrial Alliance Insurance and Financial Services’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.54%. Industrial Alliance Insurance and Financial Services’s payout ratio is presently 27.08%.

A number of research firms have issued reports on IAG. TD Securities boosted their price objective on shares of Industrial Alliance Insurance and Financial Services from C$66.00 to C$68.00 and gave the company a “buy” rating in a research report on Thursday, November 9th. Scotiabank boosted their price objective on shares of Industrial Alliance Insurance and Financial Services from C$66.00 to C$67.00 and gave the company a “sector perform” rating in a research report on Thursday, November 9th. BMO Capital Markets decreased their price objective on shares of Industrial Alliance Insurance and Financial Services to C$66.00 and set an “outperform” rating on the stock in a research report on Thursday, November 9th. National Bank Financial boosted their price objective on shares of Industrial Alliance Insurance and Financial Services from C$61.00 to C$64.00 and gave the company an “outperform” rating in a research report on Thursday, November 9th. Finally, Royal Bank Of Canada boosted their price objective on shares of Industrial Alliance Insurance and Financial Services from C$58.00 to C$65.00 and gave the company a “sector perform” rating in a research report on Thursday, November 9th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Industrial Alliance Insurance and Financial Services presently has a consensus rating of “Buy” and a consensus target price of C$63.22.

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Industrial Alliance Insurance and Financial Services Company Profile

Insider Buying and Selling by Quarter for Industrial Alliance Insurance and Financial Services (TSE:IAG)

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