Element Fleet Management Corp. (EFN) To Go Ex-Dividend on June 30th

Element Fleet Management Corp. (TSE:EFN) declared a quarterly dividend on Tuesday, June 30th, TickerTech Dividends reports. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.15 per share by the financial services provider on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, June 30th.

Element Fleet Management Price Performance

TSE:EFN opened at C$29.57 on Friday. Element Fleet Management has a 52 week low of C$25.32 and a 52 week high of C$38.26. The stock’s fifty day moving average is C$28.76 and its two-hundred day moving average is C$32.00. The company has a market capitalization of C$11.71 billion, a P/E ratio of 39.96, a P/E/G ratio of 2.97 and a beta of 0.66. The company has a quick ratio of 5.70, a current ratio of -1,554.01 and a debt-to-equity ratio of 358.10.

Element Fleet Management (TSE:EFN) last announced its earnings results on Wednesday, May 6th. The financial services provider reported C$0.49 EPS for the quarter. Element Fleet Management had a return on equity of 10.62% and a net margin of 12.38%.The company had revenue of C$879.58 million during the quarter. Equities analysts expect that Element Fleet Management will post 1.6884016 EPS for the current year.

Insider Activity at Element Fleet Management

In other Element Fleet Management news, insider Laura Lee Dottori-Attanasio bought 35,800 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was purchased at an average cost of C$27.94 per share, for a total transaction of C$1,000,252.00. Following the completion of the purchase, the insider owned 397,600 shares of the company’s stock, valued at C$11,108,944. This trade represents a 9.89% increase in their position. Also, Director George Keith Graham purchased 2,000 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were bought at an average cost of C$28.00 per share, for a total transaction of C$56,000.00. Following the purchase, the director owned 27,000 shares of the company’s stock, valued at C$756,000. This trade represents a 8.00% increase in their ownership of the stock. Over the last 90 days, insiders have bought 38,420 shares of company stock valued at $1,073,612. Company insiders own 0.26% of the company’s stock.

About Element Fleet Management

Element Financial separated into two independent public companies in October 2016. The former company now consists of Element Fleet Management, a global fleet management company, and ECN Capital, a commercial finance company. Element Fleet Management provides management services and financing for commercial vehicle and equipment fleets. The company’s suite of fleet management services deals with acquisition and financing, to program management and remarketing. ECN Capital operates across North America in three verticals of the equipment finance market: commercial and vendor finance, rail finance, and commercial aviation finance.