OTC Markets Group Inc. (OTCM) To Go Ex-Dividend on December 4th

OTC Markets Group Inc. (OTCMKTS:OTCM) announced a quarterly dividend on Wednesday, November 6th,NASDAQ Dividends reports. Investors of record on Thursday, December 5th will be given a dividend of 1.50 per share by the financial services provider on Thursday, December 19th. This represents a $6.00 annualized dividend and a dividend yield of 11.35%. The ex-dividend date is Wednesday, December 4th.

OTC Markets Group Price Performance

Shares of OTCM opened at $52.85 on Monday. OTC Markets Group has a 1-year low of $45.00 and a 1-year high of $60.16. The stock has a market cap of $632.98 million, a price-to-earnings ratio of 23.59, a price-to-earnings-growth ratio of 2.45 and a beta of 0.53. The firm has a 50 day simple moving average of $50.33 and a 200-day simple moving average of $49.46.

OTC Markets Group (OTCMKTS:OTCM) last posted its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.01. OTC Markets Group had a return on equity of 70.24% and a net margin of 24.63%. The business had revenue of $27.39 million for the quarter, compared to analyst estimates of $27.07 million. On average, equities analysts expect that OTC Markets Group will post 2.4 earnings per share for the current fiscal year.

About OTC Markets Group

OTC Markets Group Inc operates regulated markets for trading 12,000 U.S. and international securities. Its data-driven disclosure standards form the foundation of its three public markets: OTCQX Best Market, OTCQB Venture Market, and Pink Open Market. The company's OTC Link Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading.