Olympia Financial Group Inc. (OLY) To Go Ex-Dividend on October 21st

Olympia Financial Group Inc. (TSE:OLY) announced a monthly dividend on Wednesday, October 21st. Investors of record on Friday, October 30th will be paid a dividend of $0.50 per share by the health services provider on Friday, October 30th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date is Wednesday, October 21st.

Olympia Financial Group Stock Performance

TSE OLY opened at C$109.22 on Monday. Olympia Financial Group has a 12 month low of C$86.65 and a 12 month high of C$125.93. The company has a debt-to-equity ratio of 22.31, a current ratio of 57.49 and a quick ratio of 1.59. The company has a market capitalization of C$262.78 million, a price-to-earnings ratio of 14.37 and a beta of 0.05. The company’s fifty day moving average price is C$100.05 and its two-hundred day moving average price is C$107.49.

Olympia Financial Group (TSE:OLY) last released its earnings results on Thursday, August 13th. The health services provider reported C$1.53 earnings per share for the quarter. The company had revenue of C$21.43 million during the quarter. Olympia Financial Group had a net margin of 17.31% and a return on equity of 35.11%. As a group, research analysts predict that Olympia Financial Group will post 3.06 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Brian Ross Newman sold 300 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of C$104.00, for a total transaction of C$31,200.00. Over the last quarter, insiders sold 1,000 shares of company stock worth $103,800. Corporate insiders own 34.63% of the company’s stock.

Olympia Financial Group Company Profile

Olympia Financial Group Inc (“OFGI”) conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered plan accounts, corporate trust, and transfer agency services. OFGI also provides currency exchange and global payment services through its subsidiary Olympia Currency and Global Payments Inc, and offers private health services plans and information technology services to exempt market dealers, registrants, and issuers through its subsidiary Olympia Benefits Inc OFGI’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.