Olympia Financial Group (TSE:OLY) Stock Price Down 1% – Here’s What Happened

Olympia Financial Group Inc. (TSE:OLY) shares dropped 1% during trading on Wednesday . The stock traded as low as C$103.00 and last traded at C$103.00. Approximately 2,448 shares were traded during trading, an increase of 33% from the average daily volume of 1,847 shares. The stock had previously closed at C$104.05.

Olympia Financial Group Stock Performance

The company has a market capitalization of C$248.23 million, a price-to-earnings ratio of 10.86 and a beta of 0.27. The company has a debt-to-equity ratio of 11.29, a current ratio of 2.56 and a quick ratio of 1.59. The company’s 50-day moving average price is C$99.40 and its two-hundred day moving average price is C$100.86.

Olympia Financial Group Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 29th will be paid a $0.60 dividend. This represents a $7.20 dividend on an annualized basis and a dividend yield of 6.99%. The ex-dividend date is Wednesday, November 20th. Olympia Financial Group’s dividend payout ratio is 75.95%.

Insider Activity at Olympia Financial Group

In other news, Senior Officer Neil Robert Mccullagh sold 1,384 shares of the firm’s stock in a transaction that occurred on Wednesday, October 23rd. The shares were sold at an average price of C$96.44, for a total transaction of C$133,477.11. 34.63% of the stock is owned by corporate insiders.

Olympia Financial Group Company Profile

Olympia Financial Group Inc, through its subsidiary, Olympia Trust Company, operates as a non-deposit taking trust company in Canada. The company operates through Investment Account Services, Currency and Global Payments, Private Health Services Plan, Exempt Edge, and Corporate and Shareholder Services divisions.