OTC Markets Group Inc. (OTCM) to Issue Quarterly Dividend of $1.50 on December 19th

OTC Markets Group Inc. (OTCMKTS:OTCM) announced a quarterly dividend on Wednesday, November 6th,NASDAQ Dividends reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 11.59%. The ex-dividend date of this dividend is Thursday, December 5th.

OTC Markets Group Stock Down 4.1 %

Shares of OTCMKTS OTCM opened at $51.76 on Friday. The company has a 50 day moving average of $48.81 and a 200 day moving average of $49.47. OTC Markets Group has a twelve month low of $45.00 and a twelve month high of $62.00. The firm has a market cap of $619.77 million, a P/E ratio of 23.11, a PEG ratio of 2.45 and a beta of 0.53.

OTC Markets Group (OTCMKTS:OTCM) last posted its earnings results on Wednesday, August 7th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.10). The company had revenue of $27.56 million for the quarter, compared to the consensus estimate of $28.06 million. OTC Markets Group had a net margin of 24.67% and a return on equity of 71.64%. As a group, equities analysts expect that OTC Markets Group will post 2.36 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.