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

OTC Markets Group Inc. (OTCMKTS:OTCM) announced a dividend on Saturday, November 16th,investing.com reports. Investors 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 dividend yield of 11.5%. The ex-dividend date is Thursday, November 21st.

OTC Markets Group Stock Performance

OTCMKTS:OTCM opened at $52.16 on Friday. OTC Markets Group has a one year low of $45.00 and a one year high of $62.00. The stock has a market cap of $624.88 million, a PE ratio of 23.29, a P/E/G ratio of 2.41 and a beta of 0.53. The stock has a 50 day moving average price of $49.16 and a 200 day moving average price of $49.40.

OTC Markets Group (OTCMKTS:OTCM) last posted its earnings results 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. The company had revenue of $27.39 million during the quarter, compared to analysts’ expectations of $27.07 million. OTC Markets Group had a return on equity of 75.89% and a net margin of 24.63%. As a group, analysts predict 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.