Clairvest Group Inc. (CVG) to Distribute Annual Dividend of $0.10 on July 24th

Clairvest Group Inc. (TSE:CVG) announced an annual dividend on Friday, July 3rd, TickerTech Dividends reports. Stockholders of record on Friday, July 24th will be paid a dividend of 0.10 per share on Friday, July 24th. This represents a dividend yield of 13.0%. The ex-dividend date is Friday, July 3rd.

Clairvest Group Stock Performance

Clairvest Group stock opened at C$77.60 on Wednesday. The business’s 50 day simple moving average is C$75.75 and its 200 day simple moving average is C$73.77. Clairvest Group has a 12 month low of C$68.13 and a 12 month high of C$78.25. The company has a market cap of C$1.04 billion, a price-to-earnings ratio of 9.65 and a beta of 0.15.

Clairvest Group (TSE:CVG) last released its earnings results on Thursday, June 25th. The company reported C$4.56 earnings per share (EPS) for the quarter. The business had revenue of C$99.50 million during the quarter. Clairvest Group had a return on equity of 9.03% and a net margin of 57.92%.

About Clairvest Group

Clairvest Group Inc is a Canadian equity investment firm. The company invests in and partners with the management teams of business that have the potential to create average returns in their respective industries. Clairvest contributes financing and strategic expertise to support the growth and development of its investee companies in order to create realizable value for all shareholders. It invests its own capital into entrepreneurial corporations.