E-L Financial Co. Limited (TSE:ELF) to Issue Quarterly Dividend of $0.04

E-L Financial Co. Limited (TSE:ELF) declared a quarterly dividend on Tuesday, September 29th. Shareholders of record on Friday, October 16th will be given a dividend of $0.04 per share by the insurance provider on Friday, October 16th. This represents a $0.16 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Tuesday, September 29th.

E-L Financial Stock Performance

ELF stock opened at C$17.62 on Tuesday. The company has a quick ratio of 2.70, a current ratio of 1.45 and a debt-to-equity ratio of 8.68. The company has a market cap of C$6.10 billion, a P/E ratio of 3.44 and a beta of 1.38. The business’s fifty day moving average is C$17.43 and its 200-day moving average is C$17.00. E-L Financial has a twelve month low of C$15.41 and a twelve month high of C$18.97.

E-L Financial (TSE:ELF) last announced its quarterly earnings results on Friday, August 7th. The insurance provider reported C$2.85 earnings per share (EPS) for the quarter. E-L Financial had a net margin of 46.65% and a return on equity of 19.97%. The company had revenue of C$2.53 billion during the quarter. Equities research analysts forecast that E-L Financial will post 0.25 EPS for the current year.

About E-L Financial

E-L Financial Corp Ltd operates as an investment and insurance holding company. The firm organizes itself into two segments namely E-L Corporate and Empire Life. The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products whereas, the E-L Corporate segment operations include the oversight of investments in global equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies.