Canaccord Genuity Group Inc. Declares Quarterly Dividend of $0.09 (TSE:CF)

Canaccord Genuity Group Inc. (TSE:CF) announced a quarterly dividend on Friday, June 21st, Zacks reports. Stockholders of record on Tuesday, July 2nd will be paid a dividend of 0.085 per share by the financial services provider on Tuesday, July 2nd. This represents a $0.34 dividend on an annualized basis and a dividend yield of 4.28%. The ex-dividend date is Friday, June 21st.

Canaccord Genuity Group Stock Performance

Shares of CF opened at C$7.95 on Thursday. Canaccord Genuity Group has a 1 year low of C$6.50 and a 1 year high of C$9.50. The company’s 50 day simple moving average is C$8.75 and its 200 day simple moving average is C$8.17. The company has a market capitalization of C$812.41 million, a price-to-earnings ratio of -26.50, a PEG ratio of 0.54 and a beta of 1.65. The company has a debt-to-equity ratio of 41.38, a quick ratio of 1.05 and a current ratio of 1.24.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Cormark lifted their price objective on Canaccord Genuity Group from C$10.25 to C$11.50 in a research report on Friday, June 7th. TD Securities lifted their price target on Canaccord Genuity Group from C$10.00 to C$11.00 and gave the company a “buy” rating in a report on Friday, June 7th.

About Canaccord Genuity Group

Canaccord Genuity Group Inc, a full-service financial services company, provides investment products, and investment banking and brokerage services to institutional, corporate, and private clients. It operates in two segments, Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management.