IGM Financial Inc. Plans Quarterly Dividend of $0.62 (TSE:IGM)

IGM Financial Inc. (TSE:IGMGet Free Report) declared a quarterly dividend on Monday, June 29th, TickerTech Dividends reports. Stockholders of record on Friday, July 31st will be given a dividend of 0.62 per share by the financial services provider on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Monday, June 29th.

IGM Financial Stock Down 0.7%

IGM stock opened at C$76.70 on Friday. The company has a debt-to-equity ratio of 81.91, a quick ratio of 0.31 and a current ratio of 1.36. The company has a market capitalization of C$17.83 billion, a price-to-earnings ratio of 15.78, a PEG ratio of 4.09 and a beta of 1.03. IGM Financial has a fifty-two week low of C$42.13 and a fifty-two week high of C$84.41. The stock has a fifty day moving average of C$77.71 and a 200-day moving average of C$69.55.

IGM Financial (TSE:IGMGet Free Report) last issued its earnings results on Thursday, May 7th. The financial services provider reported C$1.20 earnings per share (EPS) for the quarter. IGM Financial had a net margin of 29.97% and a return on equity of 13.19%. The business had revenue of C$1.00 million for the quarter. As a group, equities research analysts predict that IGM Financial will post 4.006816 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on IGM shares. Canadian Imperial Bank of Commerce lifted their price objective on IGM Financial from C$68.00 to C$76.00 in a report on Wednesday, April 29th. BMO Capital Markets raised their price objective on shares of IGM Financial from C$68.00 to C$72.00 in a report on Wednesday, April 29th. National Bank Financial raised their price objective on IGM Financial from C$82.00 to C$85.00 in a research report on Wednesday, April 29th. TD boosted their price target on IGM Financial from C$80.00 to C$86.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Finally, Scotiabank increased their price objective on shares of IGM Financial from C$69.00 to C$76.00 in a research report on Tuesday, April 28th. Three investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of C$73.75.

Read Our Latest Research Report on IGM

IGM Financial Company Profile

(Get Free Report)

Mackenzie Investments (“Mackenzie”) is a Canadian investment management firm with approximately $244 billion (CAD) in assets under management as of December 31, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London.

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Dividend History for IGM Financial (TSE:IGM)

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