Olympia Financial Group Inc. (OLY) to Issue Monthly Dividend of $0.60 on March 31st

Olympia Financial Group Inc. (TSE:OLY) declared a monthly dividend on Friday, March 20th, TickerTech Dividends reports. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.60 per share by the health services provider on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Friday, March 20th.

Olympia Financial Group Trading Down 0.5%

Olympia Financial Group stock opened at C$120.46 on Wednesday. The stock has a 50-day moving average price of C$118.01 and a 200 day moving average price of C$117.95. The company has a market capitalization of C$289.83 million, a price-to-earnings ratio of 14.60 and a beta of 0.21. Olympia Financial Group has a 52 week low of C$99.50 and a 52 week high of C$134.24. The company has a quick ratio of 1.59, a current ratio of 180.32 and a debt-to-equity ratio of 13.18.

Olympia Financial Group (TSE:OLY) last issued its quarterly earnings results on Friday, February 27th. The health services provider reported C$1.83 earnings per share for the quarter. Olympia Financial Group had a net margin of 20.20% and a return on equity of 45.15%. The company had revenue of C$24.11 million for the quarter. Sell-side analysts anticipate that Olympia Financial Group will post 3.06 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$167.49 price objective on shares of Olympia Financial Group and gave the company a “buy” rating in a report on Tuesday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$167.49.

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”.