IGM Financial Inc. (OTCMKTS:IGIFF – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $29.39 and traded as high as $30.02. IGM Financial shares last traded at $30.02, with a volume of 456 shares trading hands.
IGM Financial Trading Down 0.2 %
The firm has a 50-day simple moving average of $29.48 and a two-hundred day simple moving average of $27.80.
IGM Financial Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, October 31st. Investors of record on Monday, September 30th will be given a dividend of $0.4091 per share. This represents a yield of 5.55%. The ex-dividend date of this dividend is Friday, September 27th. IGM Financial’s dividend payout ratio is presently 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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