Canadian General Investments (CGI) to Issue Quarterly Dividend of $0.25 on June 15th

Canadian General Investments (TSE:CGI) declared a quarterly dividend on Thursday, April 18th, Zacks reports. Stockholders of record on Friday, May 31st will be paid a dividend of 0.25 per share on Saturday, June 15th. This represents a $1.00 annualized dividend and a dividend yield of 2.71%. The ex-dividend date of this dividend is Friday, May 31st.

Canadian General Investments Stock Performance

Shares of TSE CGI opened at C$36.85 on Friday. The company has a quick ratio of 7.44, a current ratio of 7.53 and a debt-to-equity ratio of 15.08. The firm’s 50-day moving average price is C$36.69 and its two-hundred day moving average price is C$35.34. Canadian General Investments has a 52-week low of C$32.49 and a 52-week high of C$38.50. The stock has a market capitalization of C$768.69 million, a P/E ratio of 4.41 and a beta of 1.18.

About Canadian General Investments

Canadian General Investments, Limited is a close ended equity mutual fund launched and managed by Morgan Meighen & Associates Limited. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalization.