Genworth MI Canada Inc (TSE:MIC) declared a quarterly dividend on Tuesday, November 14th, TickerTech reports. Stockholders of record on Thursday, November 30th will be given a dividend of 0.44 per share on Thursday, November 30th. This represents a $1.76 annualized dividend and a dividend yield of 4.16%. The ex-dividend date is Tuesday, November 14th.

Genworth MI Canada (TSE MIC) traded down C$0.20 on Thursday, hitting C$42.30. 139,383 shares of the stock traded hands, compared to its average volume of 263,640. Genworth MI Canada has a 52-week low of C$29.07 and a 52-week high of C$44.18.

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Several equities analysts recently commented on the stock. National Bank Financial raised shares of Genworth MI Canada from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from C$43.00 to C$46.00 in a research note on Thursday, November 2nd. Scotiabank boosted their price objective on shares of Genworth MI Canada from C$40.00 to C$44.00 and gave the company a “sector perform” rating in a research note on Monday. CIBC cut shares of Genworth MI Canada from an “outperform” rating to a “neutral” rating and boosted their price objective for the company from C$45.00 to C$46.00 in a research note on Monday. Royal Bank Of Canada cut shares of Genworth MI Canada from a “sector perform” rating to an “underperform” rating and boosted their price objective for the company from C$40.00 to C$41.00 in a research note on Monday. Finally, TD Securities boosted their price objective on shares of Genworth MI Canada from C$43.00 to C$44.00 and gave the company a “buy” rating in a research note on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. Genworth MI Canada has an average rating of “Hold” and an average target price of C$44.00.

In other Genworth MI Canada news, Director Brian Leo Hurley sold 15,100 shares of Genworth MI Canada stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of C$35.98, for a total transaction of C$543,298.00. Also, insider Winsor James Macdonell sold 8,000 shares of Genworth MI Canada stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of C$37.00, for a total transaction of C$296,000.00.

About Genworth MI Canada

Genworth MI Canada Inc, through its subsidiary, Genworth Financial Mortgage Insurance Company Canada, operates as a private-sector residential mortgage insurer. The Company provides mortgage default insurance to Canadian residential mortgage lenders. It underwrites mortgage insurance for residential properties in various provinces and territories of Canada.

Dividend History for Genworth MI Canada (TSE:MIC)

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