OTC Markets Group Inc. to Issue Dividend of $1.50 (OTCMKTS:OTCM)

OTC Markets Group Inc. (OTCMKTS:OTCMGet Free Report) announced a dividend on Tuesday, November 19th,investing.com reports. Shareholders of record on Friday, November 22nd will be given a dividend of 1.50 per share by the financial services provider on Thursday, December 5th. This represents a yield of 11.18%. The ex-dividend date is Thursday, November 21st.

OTC Markets Group Trading Down 0.5 %

Shares of OTCM traded down $0.24 during trading hours on Tuesday, reaching $53.41. 4,846 shares of the stock traded hands, compared to its average volume of 5,420. The company has a market cap of $639.61 million, a P/E ratio of 23.84, a price-to-earnings-growth ratio of 2.41 and a beta of 0.53. The company’s 50-day moving average price is $49.29 and its two-hundred day moving average price is $49.39. OTC Markets Group has a 52-week low of $45.00 and a 52-week high of $62.00.

OTC Markets Group (OTCMKTS:OTCMGet Free Report) last issued its earnings results on Wednesday, November 6th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.01. OTC Markets Group had a return on equity of 75.89% and a net margin of 24.63%. The company had revenue of $27.39 million for the quarter, compared to the consensus estimate of $27.07 million. On average, research analysts forecast that OTC Markets Group will post 2.4 EPS for the current year.

OTC Markets Group Company Profile

(Get Free Report)

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.

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Dividend History for OTC Markets Group (OTCMKTS:OTCM)

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