Genworth MI Canada Inc (TSE:MIC) Director Brian Leo Hurley sold 78,700 shares of the business’s stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of C$41.38, for a total value of C$3,256,606.00.
Genworth MI Canada Inc (TSE:MIC) traded down C$0.49 during trading hours on Friday, hitting C$40.95. The company’s stock had a trading volume of 116,374 shares, compared to its average volume of 184,154. The firm has a market cap of $3,760.00, a price-to-earnings ratio of 7.12 and a beta of 1.64. Genworth MI Canada Inc has a 52-week low of C$30.38 and a 52-week high of C$44.49.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 7th. Shareholders of record on Tuesday, February 20th will be given a dividend of $0.47 per share. This is a positive change from Genworth MI Canada’s previous quarterly dividend of $0.44. The ex-dividend date is Thursday, February 15th. This represents a $1.88 annualized dividend and a dividend yield of 4.59%. Genworth MI Canada’s payout ratio is 31.13%.
About Genworth MI Canada
Genworth MI Canada Inc, through its subsidiary, Genworth Financial Mortgage Insurance Company Canada, operates as a private-sector residential mortgage insurer. The Company provides mortgage default insurance to Canadian residential mortgage lenders. It underwrites mortgage insurance for residential properties in various provinces and territories of Canada.
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