Canaccord Genuity Group Inc (CF) to Issue $0.01 Quarterly Dividend

Canaccord Genuity Group Inc (TSE:CF) declared a quarterly dividend on Tuesday, February 6th, Zacks reports. Shareholders of record on Friday, March 2nd will be paid a dividend of 0.01 per share by the financial services provider on Thursday, March 15th. This represents a $0.04 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date is Thursday, March 1st.

Canaccord Genuity Group (TSE:CF) opened at C$6.53 on Friday. Canaccord Genuity Group has a 1-year low of C$4.08 and a 1-year high of C$6.85. The company has a market capitalization of $741.23, a price-to-earnings ratio of 16.33 and a beta of 1.25.

Separately, TD Securities reduced their target price on Canaccord Genuity Group from C$7.00 to C$6.00 and set a “buy” rating on the stock in a report on Wednesday, November 8th.

In related news, Director Terrence Lyons bought 5,400 shares of Canaccord Genuity Group stock in a transaction dated Thursday, February 8th. The shares were bought at an average cost of C$5.74 per share, with a total value of C$30,996.00. Also, Director Dvaipayan Ghose sold 40,000 shares of the stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of C$6.50, for a total value of C$260,000.00. Over the last three months, insiders have sold 90,000 shares of company stock worth $583,400.

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Canaccord Genuity Group Company Profile

Canaccord Genuity Group Inc is a Canada-based independent financial services company. The Company has operations in two principal segments of the securities industry: wealth management and capital markets. The Company’s segments include Canaccord Genuity, Canaccord Genuity Wealth Management, and Corporate and Other.

Dividend History for Canaccord Genuity Group (TSE:CF)

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