Canadian General Investments (TSE:CGI) to Issue Quarterly Dividend of $0.25

Canadian General Investments (TSE:CGI) declared a quarterly dividend on Thursday, October 17th,Zacks Dividends reports. Shareholders of record on Friday, November 29th will be paid a dividend of 0.25 per share on Sunday, December 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Friday, November 29th.

Canadian General Investments Stock Performance

TSE CGI opened at C$41.24 on Thursday. The company has a current ratio of 6.79, a quick ratio of 7.44 and a debt-to-equity ratio of 13.42. The firm has a market capitalization of C$860.27 million, a price-to-earnings ratio of 5.28 and a beta of 1.18. The firm’s 50 day simple moving average is C$40.32 and its 200 day simple moving average is C$38.68. Canadian General Investments has a 1 year low of C$33.82 and a 1 year high of C$41.97.

Canadian General Investments Company Profile

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.