The payout matches prior periods, offering a 4.25% forward yield for holders of the CUM5YR 1ST PFD A series.
Canaccord Genuity Group Inc. announced a $0.2517 per share quarterly dividend for its CUM5YR 1ST PFD A series, unchanged from previous distributions. The dividend maintains a 4.25% forward yield based on current pricing.
The payout is consistent with prior quarters, reflecting stable dividend policy for the preferred share series. The dividend will be payable on October 1 to shareholders of record as of September 18, with an ex-dividend date also set for September 18.
No immediate market reaction was specified for the announcement, which aligns with expectations for the series.