Insider Buying: E-L Financial (TSE:ELF) Insider Purchases C$63,650.00 in Stock

E-L Financial Co. Limited (TSE:ELF) insider Maria Victoria Duncan Jackman acquired 3,800 shares of E-L Financial stock in a transaction dated Monday, November 17th. The stock was purchased at an average price of C$16.75 per share, with a total value of C$63,650.00. Following the completion of the purchase, the insider owned 46,500 shares of the company’s stock, valued at approximately C$778,875. The trade was a 8.90% increase in their ownership of the stock.

Maria Victoria Duncan Jackman also recently made the following trade(s):

• On Friday, November 14th, Maria Victoria Duncan Jackman bought 900 shares of E-L Financial stock. The stock was purchased at an average price of C$16.75 per share, for a total transaction of C$15,075.00.

E-L Financial Trading Up 0.4%

ELF opened at C$16.69 on Tuesday. E-L Financial Co. Limited has a 12-month low of C$11.77 and a 12-month high of C$18.19. The firm has a 50 day moving average of C$16.55 and a two-hundred day moving average of C$27.44. The firm has a market capitalization of C$5.78 billion, a PE ratio of 4.61 and a beta of 1.27.

E-L Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Friday, October 17th were given a dividend of $0.04 per share. The ex-dividend date was Monday, September 29th. This represents a $0.16 dividend on an annualized basis and a yield of 1.0%. E-L Financial’s payout ratio is currently 4.28%.

E-L Financial Company Profile

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.