Industrial Alliance Insurance and Financial Services, Canada's fourth-largest life insurer, said on Thursday its quarterly profit rose a stronger-than-expected 26 percent, and the company boosted its dividend.Net income attributed to common shareholders was C$91.1 million ($82.90 million), or 91 Canadian cents a share, for the fourth quarter. That compared with a year-earlier profit of C$72.1 million, or 76 Canadian cents a share.Analysts had expected a profit of 89 Canadian cents a share, according to Thomson Reuters I/B/E/S.The Quebec City-based company is raising its quarterly dividend by 6 percent to 26 Canadian cents a share, it said.
Industrial Alliance Insurance and Financial Services Inc. Shares of IAG traded higher by 0.7% or $0.31/share to $44.71. In the past year, the shares have traded as low as $34.37 and as high as $49.99. On average, 141508 shares of IAG.TO exchange hands on a given day and today's volume is recorded at 2921.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.7% or $-0.24/share to $34.08. In the past year, the shares have traded as low as $29.61 and as high as $38.73. On average, 683490 shares of TRI exchange hands on a given day and today's volume is recorded at 147321.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.58% or $-0.22/share to $37.53. In the past year, the shares have traded as low as $29.91 and as high as $42.10. On average, 885922 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 194207.
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