Olympia Financial Group (TSE:OLY) Stock Price Down 0.5%

Shares of Olympia Financial Group Inc. (TSE:OLY) were down 0.5% on Tuesday . The company traded as low as C$108.50 and last traded at C$108.50. Approximately 304 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 1,773 shares. The stock had previously closed at C$109.00.

Analysts Set New Price Targets

Separately, Fundamental Research set a C$125.67 price target on shares of Olympia Financial Group and gave the company a “buy” rating in a research note on Wednesday, March 13th.

Olympia Financial Group Stock Down 0.5 %

The stock’s 50-day moving average is C$106.92 and its 200-day moving average is C$101.26. The stock has a market cap of C$261.49 million, a P/E ratio of 11.45 and a beta of 0.37. The company has a current ratio of 3.49, a quick ratio of 1.59 and a debt-to-equity ratio of 10.10.

Olympia Financial Group Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 31st will be given a $0.60 dividend. The ex-dividend date is Tuesday, May 21st. This represents a $7.20 dividend on an annualized basis and a yield of 6.64%. Olympia Financial Group’s dividend payout ratio is presently 75.95%.

About Olympia Financial Group

Olympia Financial Group Inc, through its subsidiary, Olympia Trust Company, operates as a non-deposit taking trust company in Canada. The company operates through Investment Account Services, Currency and Global Payments, Private Health Services Plan, Exempt Edge, and Corporate and Shareholder Services divisions.