Scully Royalty Ltd. (NYSE:SRL – Get Rating) announced a Variable dividend on Wednesday, April 26th, Zacks reports. Stockholders of record on Tuesday, May 9th will be paid a dividend of 0.17 per share by the financial services provider on Friday, May 19th. The ex-dividend date is Monday, May 8th.
Scully Royalty Price Performance
NYSE:SRL opened at $6.95 on Thursday. The firm has a 50-day moving average price of $7.03 and a 200 day moving average price of $7.63. Scully Royalty has a 12-month low of $6.11 and a 12-month high of $10.35.
Get Scully Royalty alerts:Hedge Funds Weigh In On Scully Royalty
Several hedge funds and other institutional investors have recently modified their holdings of the stock. UBS Group AG raised its stake in Scully Royalty by 52.3% during the third quarter. UBS Group AG now owns 3,783 shares of the financial services provider's stock worth $28,000 after acquiring an additional 1,299 shares in the last quarter. Captrust Financial Advisors bought a new position in Scully Royalty during the 2nd quarter valued at about $59,000. Finally, Royal Bank of Canada boosted its position in Scully Royalty by 24.1% in the first quarter. Royal Bank of Canada now owns 235,811 shares of the financial services provider's stock valued at $2,316,000 after buying an additional 45,776 shares in the last quarter. Institutional investors own 39.96% of the company's stock.
Scully Royalty Company Profile
(Get Rating)
Scully Royalty Ltd. is a merchant bank company, which provides financial services and facilitates structured trade for corporations and institutions. It operates through the following segments: Iron Ore Royalty, Industrial Equity, Merkanti Holding, and All Other. The Iron Ore segment Royalty includes interest in an iron ore mine.
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