IGM Financial Inc. (OTCMKTS:IGIFF – Get Free Report)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $31.95 and traded as low as $31.08. IGM Financial shares last traded at $31.08, with a volume of 106 shares.
IGM Financial Stock Down 0.5 %
The company’s fifty day moving average is $31.95 and its 200-day moving average is $30.62.
IGM Financial Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 1st were issued a $0.4057 dividend. This represents a yield of 5.07%. The ex-dividend date was Tuesday, December 31st. IGM Financial’s dividend payout ratio is 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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