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

OTC Markets Group Inc. (OTCMKTS:OTCM) announced 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 annualized dividend and a yield of 11.35%. The ex-dividend date is Wednesday, December 4th.

OTC Markets Group Stock Up 1.6 %

Shares of OTC Markets Group stock opened at $52.85 on Monday. OTC Markets Group has a 12 month low of $45.00 and a 12 month high of $60.16. The stock has a market cap of $632.98 million, a PE ratio of 23.59, a price-to-earnings-growth ratio of 2.45 and a beta of 0.53. The business has a fifty day simple moving average of $50.33 and a 200-day simple moving average of $49.46.

OTC Markets Group (OTCMKTS:OTCM) last posted its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $0.61 EPS for the quarter, topping the consensus estimate of $0.60 by $0.01. OTC Markets Group had a net margin of 24.63% and a return on equity of 70.24%. The business had revenue of $27.39 million during the quarter, compared to analysts’ expectations of $27.07 million. Analysts expect that OTC Markets Group will post 2.4 EPS 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.