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

OTC Markets Group Inc. (OTCMKTS:OTCM) declared a quarterly dividend on Wednesday, November 6th,NASDAQ Dividends reports. Shareholders 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 dividend on an annualized basis and a yield of 11.35%. The ex-dividend date is Wednesday, December 4th.

OTC Markets Group Stock Performance

Shares of OTCMKTS OTCM opened at $52.85 on Monday. The stock has a fifty day moving average price of $50.33 and a two-hundred day moving average price of $49.46. 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 has a 1 year low of $45.00 and a 1 year high of $60.16.

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