Exchange Income Co. (TSE:EIF) Declares $0.22 Monthly Dividend

Exchange Income Co. (TSE:EIF) announced a monthly dividend on Monday, June 17th, Zacks reports. Shareholders of record on Friday, June 28th will be given a dividend of 0.22 per share on Monday, July 15th. This represents a $2.64 dividend on an annualized basis and a yield of 5.83%. The ex-dividend date is Friday, June 28th.

Exchange Income Trading Up 0.8 %

TSE:EIF opened at C$45.30 on Thursday. The company has a market capitalization of C$2.14 billion, a PE ratio of 17.56, a price-to-earnings-growth ratio of 1.42 and a beta of 2.06. The company has a quick ratio of 1.13, a current ratio of 1.91 and a debt-to-equity ratio of 164.53. Exchange Income has a 52-week low of C$42.05 and a 52-week high of C$54.25. The stock has a fifty day simple moving average of C$45.78 and a 200-day simple moving average of C$46.60.

Exchange Income (TSE:EIF) last released its quarterly earnings results on Tuesday, May 7th. The company reported C$0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.17 by C$0.03. The business had revenue of C$601.77 million during the quarter, compared to the consensus estimate of C$602.66 million. Exchange Income had a return on equity of 10.68% and a net margin of 4.66%. On average, equities research analysts expect that Exchange Income will post 3.25 earnings per share for the current fiscal year.

Exchange Income Company Profile

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.