Insider Buying: ECN Capital Corp (ECN) Insider Acquires C$500,064.99 in Stock
ECN Capital Corp (TSE:ECN) insider Loreto Grimaldi purchased 127,243 shares of the business’s stock in a transaction dated Thursday, December 14th. The stock was bought at an average price of C$3.93 per share, for a total transaction of C$500,064.99.
ECN Capital Corp (TSE ECN) opened at C$3.85 on Thursday. ECN Capital Corp has a one year low of C$2.97 and a one year high of C$4.40.
The firm also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be paid a dividend of $0.01 per share. The ex-dividend date is Thursday, December 28th. This represents a $0.04 annualized dividend and a yield of 1.04%. ECN Capital’s dividend payout ratio (DPR) is -30.77%.
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About ECN Capital
ECN Capital Corp., an independent financial services company, originates, co-invests in, and manages asset based financing and related service programs in the United States, Canada, and internationally. The company operates through three segments: Rail Finance, Aviation Finance, and Commercial and Vendor Finance.
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