Altus Group Ltd Plans Quarterly Dividend of $0.15 (AIF)
Altus Group Ltd (TSE:AIF) declared a quarterly dividend on Wednesday, March 7th, Zacks reports. Stockholders of record on Saturday, March 31st will be given a dividend of 0.15 per share on Monday, April 16th. This represents a $0.60 annualized dividend and a dividend yield of 1.88%. The ex-dividend date is Wednesday, March 28th.
Altus Group (TSE:AIF) traded down C$0.27 during trading on Friday, hitting C$31.99. The stock had a trading volume of 62,893 shares, compared to its average volume of 97,801. The stock has a market cap of $1,200.00, a PE ratio of 11.22 and a beta of 0.37. Altus Group has a 12 month low of C$25.25 and a 12 month high of C$37.89.
Altus Group (TSE:AIF) last released its earnings results on Thursday, February 22nd. The company reported C$0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.50 by C($0.35). The business had revenue of C$122.74 million for the quarter, compared to analysts’ expectations of C$123.83 million. Altus Group had a negative net margin of 2.80% and a negative return on equity of 3.34%.
In other news, insider Barry Isaac Eisen purchased 1,000 shares of the company’s stock in a transaction that occurred on Thursday, March 22nd. The shares were acquired at an average cost of C$32.05 per share, with a total value of C$32,050.00.
About Altus Group
Altus Group Ltd provides independent advisory services, software and data solutions. The Company’s segments include Property Tax Consulting (Property Tax); Research, Valuation & Advisory (RVA); ARGUS Software; Geomatics, and Cost Consulting & Project Management (Cost). The Property Tax segment performs property tax assessment reviews and appeals, and assists with property tax compliance filings.
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