IGM Financial Inc. (OTCMKTS:IGIFF – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $25.57 and traded as high as $27.83. IGM Financial shares last traded at $27.66, with a volume of 2,054 shares traded.
IGM Financial Price Performance
The firm’s 50-day simple moving average is $25.57 and its two-hundred day simple moving average is $25.52.
IGM Financial Increases Dividend
The business also recently declared a dividend, which was paid on Tuesday, April 30th. Investors of record on Thursday, March 28th were issued a $0.4167 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a dividend yield of 6.51%. This is a positive change from IGM Financial’s previous dividend of $0.41. IGM Financial’s dividend payout ratio (DPR) is currently 67.85%.
About IGM Financial
IGM Financial Inc operates as a wealth and asset management company in Canada. It operates through Wealth Management and Asset Management segments. The Wealth Management segment offers investments that are focused on providing financial planning and related services; and provides mutual fund management and discretionary portfolio management services.
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