Chesswood Group Ltd (CHW) to Issue Monthly Dividend of $0.07 on September 15th

Chesswood Group Ltd (TSE:CHW) announced a monthly dividend on Tuesday, August 22nd, Zacks reports. Stockholders of record on Thursday, August 31st will be paid a dividend of 0.07 per share on Friday, September 15th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 6.87%. The ex-dividend date is Tuesday, August 29th.

Shares of Chesswood Group (TSE CHW) opened at 12.31 on Monday. The stock’s 50 day moving average price is $12.54 and its 200-day moving average price is $12.79. The stock has a market cap of $203.98 million and a price-to-earnings ratio of 12.30. Chesswood Group has a 52 week low of $10.75 and a 52 week high of $14.60.

In other news, Director Frederick William Steiner sold 2,100 shares of the company’s stock in a transaction dated Thursday, August 10th. The shares were sold at an average price of C$13.46, for a total value of C$28,266.00. Also, Director Michael Eric Prenzlow sold 3,000 shares of the company’s stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of C$9.83, for a total transaction of C$29,490.00. Insiders have sold a total of 9,500 shares of company stock worth $107,361 over the last three months.

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About Chesswood Group

Chesswood Group Limited, a financial services company, operates primarily in the specialty finance industry. It operates through Equipment Financing - U.S. and Equipment Financing – Canada segments. The company offers micro and small-ticket equipment financing to small and medium-sized businesses in the lower 48 states of the United States.

Dividend History for Chesswood Group (TSE:CHW)

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