Enghouse Systems Limited (TSE:ENGH) Plans $0.30 Quarterly Dividend

Enghouse Systems Limited (TSE:ENGH) announced a quarterly dividend on Friday, November 14th, RTT News reports. Investors of record on Friday, November 28th will be paid a dividend of 0.30 per share on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 5.7%. The ex-dividend date is Friday, November 14th.

Enghouse Systems Stock Up 0.4%

ENGH traded up C$0.08 during trading on Wednesday, reaching C$21.03. 30,111 shares of the stock traded hands, compared to its average volume of 141,345. The stock has a market cap of C$1.16 billion, a price-to-earnings ratio of 15.46, a price-to-earnings-growth ratio of -4.19 and a beta of -0.23. Enghouse Systems has a fifty-two week low of C$20.15 and a fifty-two week high of C$32.09. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.81 and a quick ratio of 1.84. The stock’s 50-day simple moving average is C$20.93 and its two-hundred day simple moving average is C$22.92.

Wall Street Analysts Forecast Growth

ENGH has been the subject of a number of analyst reports. Royal Bank Of Canada reduced their target price on shares of Enghouse Systems from C$26.00 to C$24.00 and set a “sector perform” rating for the company in a research note on Monday, September 8th. CIBC dropped their price objective on shares of Enghouse Systems from C$25.50 to C$25.00 and set a “negative” rating on the stock in a report on Monday, September 8th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of C$26.00.

About Enghouse Systems

Enghouse Systems Ltd is a Canada-based provider of software and services to a variety of end markets. The firm’s operations are organized in two segments namely, the Interactive Management Group and the Asset Management Group. The firm has operations in Canada, the United States, the United Kingdom, France, Germany, Sweden, Israel, Croatia, Denmark, Norway, India, Japan, Hong Kong, Singapore, and Australia etc.