E-L Financial (TSE:ELF) Insider Acquires C$15,360.00 in Stock

E-L Financial Co. Limited (TSE:ELF) insider E-L Financial Corporation Limited bought 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 10th. The shares were acquired at an average price of C$15.36 per share, with a total value of C$15,360.00. Following the purchase, the insider owned 3,000 shares of the company’s stock, valued at C$46,080. The trade was a 50.00% increase in their ownership of the stock.

E-L Financial Corporation Limited also recently made the following trade(s):

• On Monday, September 8th, E-L Financial Corporation Limited bought 1,000 shares of E-L Financial stock. The shares were acquired at an average price of C$15.49 per share, with a total value of C$15,490.00.
• On Thursday, September 11th, E-L Financial Corporation Limited bought 400 shares of E-L Financial stock. The shares were acquired at an average price of C$15.54 per share, with a total value of C$6,216.00.
• On Friday, September 12th, E-L Financial Corporation Limited bought 1,000 shares of E-L Financial stock. The shares were acquired at an average price of C$16.39 per share, with a total value of C$16,390.00.
• On Monday, September 15th, E-L Financial Corporation Limited bought 1,000 shares of E-L Financial stock. The shares were acquired at an average price of C$16.41 per share, with a total value of C$16,410.00.
• On Tuesday, September 16th, E-L Financial Corporation Limited bought 900 shares of E-L Financial stock. The shares were acquired at an average price of C$16.42 per share, with a total value of C$14,778.00.
• On Wednesday, September 17th, E-L Financial Corporation Limited purchased 300 shares of E-L Financial stock. The shares were purchased at an average cost of C$16.46 per share, for a total transaction of C$4,938.00.

E-L Financial Stock Up 0.4%

ELF opened at C$16.19 on Friday. The firm has a market cap of C$5.60 billion, a price-to-earnings ratio of 4.78 and a beta of 1.26. E-L Financial Co. Limited has a 52 week low of C$11.77 and a 52 week high of C$18.19. The business’s 50 day moving average is C$15.48 and its two-hundred day moving average is C$531.91.

E-L Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 17th will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Monday, September 29th. This represents a $0.16 annualized dividend and a yield of 1.0%. E-L Financial’s payout ratio is 4.50%.

About E-L Financial

E-L Financial Corp Ltd operates as an investment and insurance holding company. The firm organizes itself into two segments namely E-L Corporate and Empire Life. The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products whereas, the E-L Corporate segment operations include the oversight of investments in global equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies.