OTC Markets Group Inc. (OTCM) Increases Dividend to $0.14 Per Share
OTC Markets Group Inc. (OTCMKTS:OTCM) announced a quarterly dividend on Thursday, August 10th, Zacks reports. Shareholders of record on Thursday, September 7th will be given a dividend of 0.14 per share by the financial services provider on Thursday, September 21st. This represents a $0.56 annualized dividend and a dividend yield of 1.92%. The ex-dividend date is Wednesday, September 6th. This is a boost from OTC Markets Group’s previous quarterly dividend of $0.06.
OTC Markets Group (OTCMKTS OTCM) opened at 29.15 on Friday. OTC Markets Group has a 12-month low of $17.23 and a 12-month high of $29.98. The firm has a market cap of $324.44 million, a P/E ratio of 28.72 and a beta of 0.36. The stock’s 50 day moving average is $25.22 and its 200 day moving average is $22.81.
OTC Markets Group (OTCMKTS:OTCM) last posted its earnings results on Wednesday, August 9th. The financial services provider reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.24. The firm had revenue of $13.14 million during the quarter. OTC Markets Group had a return on equity of 109.51% and a net margin of 23.59%. On average, equities research analysts expect that OTC Markets Group will post $1.05 EPS for the current year.
COPYRIGHT VIOLATION NOTICE: This piece of content was posted by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another website, it was copied illegally and reposted in violation of U.S. and international trademark & copyright law. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/otc-markets-group-inc-otcm-increases-dividend-to-0-14-per-share/1535713.html.
About OTC Markets Group
OTC Markets Group Inc, formerly Pink OTC Markets, operates open, transparent and connected financial markets for over 10,000 United States and global securities. The Company, through OTC Link Alternative Trading System (ATS), links a diverse network of broker-dealers for the provision of liquidity and execution services for a range of securities.
Receive News & Ratings for OTC Markets Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OTC Markets Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.