|Bid||46.10 x 0|
|Ask||46.85 x 0|
|Day's Range||45.96 - 46.71|
|52 Week Range||41.32 - 62.01|
|Beta (3Y Monthly)||1.56|
|PE Ratio (TTM)||8.43|
|Earnings Date||Feb 14, 2019|
|Forward Dividend & Yield||1.66 (3.51%)|
|1y Target Est||45.95|
QUEBEC CITY , Jan. 10, 2019 /CNW Telbec/ - iA Financial Group has taken another step in its digital shift by integrating the Individual Savings and Retirement and Mortgages sectors in its iA Mobile app. Specifically, they will be able to see the loan balance and rate, the remaining amortization and other relevant information about their mortgage product.
Effective January 1, 2019 , IAIFS is a subsidiary all of whose common shares are held by iA Financial Corporation Inc. ("iA Financial Corporation"). Under the plan of arrangement, all the common shares of IAIFS outstanding at January 1, 2019 have been exchanged for newly issued common shares of iA Financial Corporation, the new holding company, on a one‑for‑one basis.
QUEBEC CITY , Dec. 21, 2018 /CNW Telbec/ - Industrial Alliance Insurance and Financial Services Inc. ("iA Financial Group" or the "Corporation") announced today that it has entered into an automatic share repurchase plan (the "automatic plan") under which its designated broker will repurchase the Corporation's common shares pursuant to its previously announced normal-course issuer bid ("NCIB"), which commenced on November 12, 2018. The actual number of common shares purchased under the automatic plan, the timing of such purchases and the price at which common shares are purchased will depend upon future market conditions.
Industrial Alliance Insurance and Financial Services Inc. (TSE:IAG) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a Read More...
Canada-Wide Philanthropic Contest - A Saskatchewan Charity Wins the Public's Hearts and $125,000
Assessing Industrial Alliance Insurance and Financial Services Inc’s (TSE:IAG) past track record of performance is a useful exercise for investors. It allows us to understand whether the company has met Read More...
Q3 2018 Industrial Alliance Insurance and Financial Services Inc Earnings Call
QUEBEC CITY , Nov. 7, 2018 /CNW Telbec/ - The Board of Directors of Industrial Alliance Insurance and Financial Services Inc. ("iA Financial Group") (TSX: IAG) announced today the payment of a quarterly dividend of $0.4150 per outstanding common share for the quarter ended September 30, 2018 . This dividend will be payable on December 17, 2018, to all common shareholders of record at the close of business on November 23, 2018 . Industrial Alliance reminds common shareholders who wish to enrol in the company's Dividend Reinvestment and Share Purchase Plan ("DRIP") that they must do so no later than 4:00 p.m. on November 16, 2018 , in order to reinvest the next dividend.
QUEBEC CITY , Nov. 7, 2018 /CNW Telbec/ - With the approval of the Toronto Stock Exchange, the board of directors of Industrial Alliance Insurance and Financial Services Inc. ("iA Financial Group" or the "Company") has authorized the Company to purchase, in the normal course of its activities, from November 12, 2018 to November 11, 2019, up to 5,482,768 common shares, representing approximately 5% of its 109,655,360 common shares issued and outstanding as at November 1, 2018 , the whole subject to the prior approval of the Autorité des marchés financiers. The purchases will be made at market price at the time of purchase through the facilities of the Toronto Stock Exchange or an alternative Canadian trading system, in accordance with market rules and policies. The common shares purchased will be cancelled.
QUEBEC CITY , Nov. 5, 2018 /CNW Telbec/ - iA Financial Group is pleased to announce that it has introduced new global managed solutions to its segregated fund offer. The company's clients, who already have access to several international investment options, can now benefit from three new asset allocation funds, under the global diversification theme. Highly anticipated by advisors and clients, these diversified fund options meet the growing need of the market for solutions that offer greater diversification within the various asset classes and many regions around the world.
QUEBEC CITY , Nov. 1, 2018 /CNW Telbec/ - iA Financial Group reveals the ten Canadian mental health organizations in the running to receive the grand $125,000 donation, to be decided by a public vote in their second annual Canada -wide philanthropic contest. Dozens of organizations from all across Canada have responded to iA Financial Group's call and since September they have been sending in their proposals that aim to treat people living with mental health problems, or improve their quality of life. Almost $300,000 will be distributed to the ten finalist organizations, including a donation of $125,000 for the organization that receives the most votes, $50,000 each for second and third place, and $10,000 each for the remaining seven organizations.
QUEBEC CITY , Oct. 30, 2018 /CNW Telbec/ - Industrial Alliance Insurance and Financial Services Inc. (iA Financial Group) welcomes the recent publication of Saskatchewan regulations limiting the amount of premiums a life insurer may receive or accept for deposit in life insurance policies and associated side accounts. Given these new Saskatchewan regulations, iA Financial Group believes that the substantial aspects of the Ituna litigation will be resolved. This press release may contain statements relating to strategies used by iA Financial Group or statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "may", "will", "could", "should", "would", "suspect", "expect", "anticipate", "intend", "plan", "believe", "estimate", and "continue" (or the negative thereof), as well as words such as "objective" or "goal" or other similar words or expressions.
QUEBEC CITY , Oct. 29, 2018 /CNW Telbec/ - iA Financial Group is dedicated to keeping clients at the centre of its operations and offering its clients and advisors segregated funds with new growth opportunities. The company set itself apart again today with the launch of the Thematic Innovation Fund, managed by Jean-Pierre Chevalier , portfolio manager at iA Investment Management (iAIM). The Thematic Innovation Fund is a U.S. equity fund which offers a different way to invest by focusing on innovation— by investing in companies from all sectors that are benefitting from technological advances or that are prospering in a perpetually changing environment.
If you want to know who really controls Industrial Alliance Insurance and Financial Services Inc (TSE:IAG), then you’ll have to look at the makeup of its share registry. Insiders often Read More...
QUEBEC CITY , Oct. 5, 2018 /CNW Telbec/ - Industrial Alliance Insurance and Financial Services Inc. (iA Financial Group) is responding to media reports regarding litigation involving Ituna Investment LP ( Ituna ). As part of this litigation, Ituna is seeking to make unlimited deposits into a universal life insurance contract that it purchased from a policyholder. The life insurance contract was originally issued by National Life, a company acquired by iA Financial Group in 1988.
QUEBEC CITY , Sept. 26, 2018 /CNW Telbec/ - iA Financial Group continues to innovate by launching an online enrolment tool for new group insurance clients that offer a traditional plan1 to their employees. Whether on a computer, tablet or smartphone, plan members of traditional group insurance plans can now enrol themselves online on an ultra-modern and intuitive platform. Because it is user-friendly, with simple steps and clear language adapted to the target audience, the online enrolment tool allows plan members to quickly enrol in the plan while making educated decisions.
There is a lot to be liked about Industrial Alliance Insurance and Financial Services Inc (TSE:IAG) as an income stock. It has paid dividends over the past 10 years. TheRead More...
Close to $300,000 in donations will be given to ten Canadian charities that work with people living with mental health issues. QUEBEC CITY , Sept. 12, 2018 /CNW Telbec/ - True to the importance it gives to community involvement, iA Financial Group is launching the second edition of its Canada -wide philanthropic contest. From September 15th to October 15th, charities that work with people living with mental health issues will be invited to answer the question "What more could you do with a donation of $125,000 ?".
QUEBEC CITY , Sept. 6, 2018 /CNW Telbec/ - Industrial Alliance Insurance and Financial Services Inc. (iA Financial Group) announces that Mr. Jacques Martin will become Chair of the Board effective today, September 6, 2018 . As Vice-Chair and subsequently Chair, Mrs. Bourgon led the Board's activities at a pivotal time that included the retirement of Mr. Yvon Charest after 18 years in the position of Chief Executive Officer and the harmonious transition of his successor, Mr. Denis Ricard . The members of the Board of Directors and the executive team take this opportunity to thank Mrs. Bourgon for the leadership she has provided in the progression of the Board and iA Financial Group.
Investors who want to cash in on Industrial Alliance Insurance and Financial Services Inc’s (TSE:IAG) upcoming dividend of CA$0.41 per share have only 2 days left to buy the sharesRead More...