OTC Markets Group Inc. (OTCMKTS:OTCM) Declares Quarterly Dividend of $1.50

OTC Markets Group Inc. (OTCMKTS:OTCM) declared a quarterly dividend on Wednesday, November 6th,NASDAQ Dividends reports. Stockholders of record on Thursday, December 5th will be paid 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 of this dividend is Wednesday, December 4th.

OTC Markets Group Stock Up 1.6 %

OTCMKTS:OTCM opened at $52.85 on Monday. The business’s 50-day moving average price is $50.33 and its 200 day moving average price is $49.46. OTC Markets Group has a 52-week low of $45.00 and a 52-week high of $60.16. The firm has a market cap of $632.98 million, a P/E ratio of 23.59, a PEG ratio of 2.45 and a beta of 0.53.

OTC Markets Group (OTCMKTS:OTCM) last announced its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.01. OTC Markets Group had a net margin of 24.63% and a return on equity of 70.24%. The company had revenue of $27.39 million for the quarter, compared to analysts’ expectations of $27.07 million. Sell-side analysts expect that OTC Markets Group will post 2.4 EPS for the current year.

OTC Markets Group Company Profile

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.