Exchange Income Co. (TSE:EIF) Announces Monthly Dividend of $0.18
Exchange Income Co. (TSE:EIF) announced a monthly dividend on Monday, June 17th, Zacks reports. Investors of record on Friday, June 28th will be given a dividend of 0.183 per share on Monday, July 15th. This represents a $2.20 dividend on an annualized basis and a yield of 5.76%. The ex-dividend date of this dividend is Thursday, June 27th.
EIF traded down C$0.21 on Wednesday, reaching C$38.12. 108,600 shares of the company’s stock were exchanged, compared to its average volume of 86,633. The company’s 50 day simple moving average is C$36.70. The company has a market capitalization of $1.22 billion and a P/E ratio of 17.77. Exchange Income has a twelve month low of C$25.58 and a twelve month high of C$39.34. The company has a current ratio of 1.90, a quick ratio of 1.01 and a debt-to-equity ratio of 187.73.
Exchange Income (TSE:EIF) last posted its earnings results on Tuesday, May 7th. The company reported C$0.40 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$0.39 by C$0.01. The business had revenue of C$297.02 million for the quarter, compared to analyst estimates of C$288.80 million. As a group, equities research analysts forecast that Exchange Income will post 3.39 earnings per share for the current fiscal year.
Exchange Income Company Profile
Exchange Income Corporation engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. It operates through two segments, Aerospace & Aviation, and Manufacturing. The Aerospace & Aviation segment offers scheduled airline and charter services, and emergency medical services to communities located in Manitoba, Ontario, and Nunavut, as well as Newfoundland and Labrador, Quebec, New Brunswick, and Nova Scotia.
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