E-L Financial Corp Ltd (ELF) to Issue Quarterly Dividend of $1.25 on January 17th

E-L Financial Corp Ltd (TSE:ELF) declared a quarterly dividend on Tuesday, November 7th, Zacks reports. Shareholders of record on Friday, December 29th will be given a dividend of 1.25 per share by the insurance provider on Wednesday, January 17th. This represents a $5.00 annualized dividend and a dividend yield of 0.62%. The ex-dividend date is Thursday, December 28th.

E-L Financial (TSE:ELF) opened at C$811.00 on Wednesday. E-L Financial has a twelve month low of C$721.60 and a twelve month high of C$877.16. The stock has a market capitalization of $3,260.00, a price-to-earnings ratio of 6.94 and a beta of 0.41.

In other E-L Financial news, Director Duncan Newton Rowell Jackman acquired 400 shares of the firm’s stock in a transaction that occurred on Tuesday, December 12th. The stock was purchased at an average cost of C$804.25 per share, for a total transaction of C$321,700.00. Also, Director John Christopher Barron sold 60 shares of the company’s stock in a transaction on Friday, November 24th. The stock was sold at an average price of C$801.12, for a total transaction of C$48,067.20.

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About E-L Financial

E-L Financial Corp Ltd is a Canada-based investment and insurance holding company. It operates through the segments: E-L Corporate and The Empire Life Insurance Company (Empire or Empire Life). The operation of E-L Corporate segment include the oversight of investments in global equities held through direct and indirect holdings of common shares, investment funds, closed-end investment companies and other private companies in United, Economic and Algoma.

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