Roy Ratnavel Sells 416 Shares of CI Financial Corp (CIX) Stock
CI Financial Corp (TSE:CIX) Director Roy Ratnavel sold 416 shares of the business’s stock in a transaction dated Monday, December 18th. The shares were sold at an average price of C$29.61, for a total transaction of C$12,317.76.
Shares of CI Financial Corp (CIX) traded up C$0.05 on Tuesday, reaching C$29.54. 497,281 shares of the company’s stock were exchanged, compared to its average volume of 471,133. CI Financial Corp has a twelve month low of C$25.79 and a twelve month high of C$29.73.
The firm also recently disclosed a monthly dividend, which was paid on Friday, December 15th. Shareholders of record on Thursday, November 30th were issued a $0.117 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 4.75%. The ex-dividend date of this dividend was Wednesday, November 29th. CI Financial’s dividend payout ratio (DPR) is presently 74.07%.
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CI Financial Company Profile
CI Financial Corp. (CI) is a wealth management and investment fund company. The Company is engaged in management, marketing, distribution and administration of mutual funds, segregated funds, exchange-traded funds, structured products and other fee-earning investment products for Canadian investors. CI operates through two segments: Asset Management and Asset Administration.
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