Olympia Financial Group Inc. to Issue Monthly Dividend of $0.60 (TSE:OLY)

Olympia Financial Group Inc. (TSE:OLY) announced a monthly dividend on Wednesday, February 18th, TickerTech Dividends reports. Shareholders of record on Friday, February 27th will be paid a dividend of 0.60 per share by the health services provider on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Wednesday, February 18th.

Olympia Financial Group Stock Performance

Shares of OLY opened at C$120.47 on Monday. The company’s 50 day simple moving average is C$114.30 and its 200-day simple moving average is C$119.12. The firm has a market cap of C$289.85 million, a PE ratio of 13.51 and a beta of 0.12. Olympia Financial Group has a 12-month low of C$97.40 and a 12-month high of C$134.24. The company has a current ratio of 3.32, a quick ratio of 1.59 and a debt-to-equity ratio of 6.00.

Olympia Financial Group (TSE:OLY) last issued its quarterly earnings results on Thursday, November 13th. The health services provider reported C$1.93 earnings per share for the quarter. Olympia Financial Group had a net margin of 23.82% and a return on equity of 64.95%. The firm had revenue of C$23.80 million during the quarter. As a group, equities analysts predict that Olympia Financial Group will post 3.06 EPS for the current year.

Analyst Ratings Changes

Separately, Fundamental Research set a C$166.83 price objective on Olympia Financial Group and gave the company a “buy” rating in a research note on Tuesday, December 2nd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$166.83.

Olympia Financial Group Company Profile

Olympia Financial Group Inc (“OFGI”) conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered plan accounts, corporate trust, and transfer agency services. OFGI also provides currency exchange and global payment services through its subsidiary Olympia Currency and Global Payments Inc, and offers private health services plans and information technology services to exempt market dealers, registrants, and issuers through its subsidiary Olympia Benefits Inc OFGI’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.