Gluskin Sheff + Associates Inc (TSE:GS) announced a quarterly dividend on Thursday, September 20th, Zacks reports. Investors of record on Tuesday, October 2nd will be paid a dividend of 0.25 per share on Friday, October 12th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.64%. The ex-dividend date of this dividend is Monday, October 1st.
GS traded down C$0.15 during midday trading on Wednesday, hitting C$15.07. The company had a trading volume of 124,156 shares, compared to its average volume of 96,932. Gluskin Sheff + Associates has a twelve month low of C$14.15 and a twelve month high of C$18.89.
Several equities research analysts have weighed in on the stock. BMO Capital Markets lowered their price objective on shares of Gluskin Sheff + Associates from C$17.00 to C$16.00 in a research report on Monday. TD Securities lowered their price objective on shares of Gluskin Sheff + Associates from C$18.00 to C$16.00 and set a “hold” rating for the company in a research report on Monday. Finally, CIBC raised their price objective on shares of Gluskin Sheff + Associates from C$17.00 to C$19.00 in a research report on Friday, July 20th. Six analysts have rated the stock with a hold rating, Gluskin Sheff + Associates currently has an average rating of “Hold” and a consensus target price of C$17.25.
Gluskin Sheff + Associates Inc is a publicly owned investment manager. The firm also provides wealth management services. It primarily provides its services to high net worth investors, including entrepreneurs, professionals, family trusts, private charitable foundations, pension and profit sharing plans, pooled investment vehicles, charitable organizations , corporations, institutions, insurance companies, and estates.
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