Calian Group Ltd. (CGY) to Issue Quarterly Dividend of $0.28 on March 12th

Calian Group Ltd. (TSE:CGY) announced a quarterly dividend on Wednesday, February 26th, TickerTech Dividends reports. Investors of record on Wednesday, March 12th will be given a dividend of 0.28 per share on Wednesday, March 12th. This represents a $1.12 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date is Wednesday, February 26th.

Calian Group Price Performance

TSE CGY opened at C$43.81 on Monday. The stock has a market cap of C$520.07 million, a price-to-earnings ratio of 46.91, a PEG ratio of 2.50 and a beta of 0.88. Calian Group has a 52-week low of C$42.88 and a 52-week high of C$60.29. The business has a 50 day simple moving average of C$48.24 and a 200 day simple moving average of C$47.85. The company has a debt-to-equity ratio of 39.54, a quick ratio of 1.20 and a current ratio of 1.29.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Ventum Financial decreased their price target on shares of Calian Group from C$70.00 to C$68.00 in a research note on Wednesday, November 27th. CIBC decreased their price target on shares of Calian Group from C$63.00 to C$62.00 in a research note on Friday, February 14th. Finally, Acumen Capital decreased their price target on shares of Calian Group from C$75.00 to C$70.00 in a research note on Wednesday, November 27th. Six investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Calian Group presently has a consensus rating of “Buy” and an average price target of C$72.14.

Insider Activity

In other Calian Group news, Director Jo-Anne Cecile Poirier sold 4,368 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of C$47.15, for a total transaction of C$205,951.20. Also, Director Raymond Gregory Basler sold 849 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of C$49.59, for a total value of C$42,101.91. In the last 90 days, insiders purchased 3,147 shares of company stock valued at $148,588 and sold 10,884 shares valued at $528,380. 0.63% of the stock is currently owned by insiders.

About Calian Group

Calian Group Ltd. provides business services and solutions in Canada and internationally. It operates through four segment: Advanced Technologies, Health, Learning, and IT and Cyber Solutions (ITCS). The company offers systems engineering, software development, integration design, embedded design, operational management and lifecycle support, modelling and simulation-enabled design, and research & development solutions and services; environmental and radiation protection, decommissioning and waste management, regulatory affairs and licensing, and emergency preparedness and training services; and sophisticated communication systems for the satellite industry, such as antennas, RF systems, decimator RF spectrum analyzers, in-orbit test systems, software defined solutions, operations and teleport services, transmitters, receivers, and modems.