Computer Modelling Group Ltd. (CMG) Announces Quarterly Dividend of $0.10
Computer Modelling Group Ltd. (TSE:CMG) announced a quarterly dividend on Wednesday, June 5th, TickerTech reports. Investors of record on Friday, June 14th will be paid a dividend of 0.10 per share on Friday, June 14th. This represents a $0.40 annualized dividend and a yield of 5.51%. The ex-dividend date of this dividend is Wednesday, June 5th.
Shares of CMG stock opened at C$7.26 on Tuesday. Computer Modelling Group has a one year low of C$5.25 and a one year high of C$10.36. The stock has a market cap of $566.40 million and a P/E ratio of 26.12.
Several brokerages recently commented on CMG. Canaccord Genuity raised shares of Computer Modelling Group from a “hold” rating to a “buy” rating in a research report on Thursday, May 23rd. BMO Capital Markets set a C$9.00 price target on shares of Computer Modelling Group and gave the company an “outperform” rating in a report on Friday, May 24th. Finally, Echelon Wealth Partners reaffirmed a “hold” rating on shares of Computer Modelling Group in a report on Wednesday, February 13th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of C$8.38.
Computer Modelling Group Company Profile
Computer Modelling Group Ltd., a computer software technology company, develops and licenses reservoir simulation software in Canada. The company offers CMOST AI, an intelligent optimization and analysis tool that offers solution for its reservoir by combining statistical analysis, machine learning, and non-biased data interpretation; IMEX, a black oil simulator that is used to model primary and secondary oil recovery processes in conventional and unconventional oil/gas reservoirs; GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modelling; STARS, a thermal and processes reservoir simulator for the modelling of steam, solvents, air, and chemical recovery processes; and CoFlow, a reservoir and production system modelling software that allows reservoir and production engineers to collaborate on the same asset.
Further Reading: How does a margin account work?
Receive News & Ratings for Computer Modelling Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Computer Modelling Group and related companies with MarketBeat.com's FREE daily email newsletter.