OTC Markets Group Inc. (OTCM) To Go Ex-Dividend on November 21st

OTC Markets Group Inc. (OTCMKTS:OTCM) declared a dividend on Wednesday, November 20th,investing.com reports. Investors of record on Friday, November 22nd will be paid a dividend of 1.50 per share by the financial services provider on Thursday, December 5th. This represents a yield of 11.17%. The ex-dividend date of this dividend is Thursday, November 21st.

OTC Markets Group Stock Up 0.5 %

OTC Markets Group stock traded up $0.29 during mid-day trading on Wednesday, hitting $53.70. 3,598 shares of the company were exchanged, compared to its average volume of 5,416. The company has a market capitalization of $643.11 million, a PE ratio of 23.97, a price-to-earnings-growth ratio of 2.41 and a beta of 0.53. The business has a fifty day moving average of $49.41 and a 200 day moving average of $49.40. OTC Markets Group has a 1-year low of $45.00 and a 1-year high of $62.00.

OTC Markets Group (OTCMKTS:OTCM) last announced its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.01. The firm had revenue of $27.39 million for the quarter, compared to analyst estimates of $27.07 million. OTC Markets Group had a net margin of 24.63% and a return on equity of 75.89%. Research analysts expect that OTC Markets Group will post 2.4 earnings per share 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.