Dexterra Group Inc. (DXT) to Issue Quarterly Dividend of $0.09 on April 15th

Dexterra Group Inc. (TSE:DXT) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.0875 per share on Tuesday, April 15th. This represents a $0.35 annualized dividend and a yield of 4.35%. The ex-dividend date is Monday, March 31st. This is a 0.6% increase from Dexterra Group’s previous quarterly dividend of $0.09.

Dexterra Group Trading Up 0.9 %

Shares of TSE:DXT traded up C$0.07 during trading hours on Friday, hitting C$8.05. 36,388 shares of the company’s stock traded hands, compared to its average volume of 39,078. The firm has a market capitalization of C$512.30 million, a P/E ratio of 40.98, a price-to-earnings-growth ratio of 0.90 and a beta of 1.02. The business has a fifty day moving average price of C$7.85 and a 200-day moving average price of C$7.30. Dexterra Group has a 1 year low of C$5.13 and a 1 year high of C$8.34. The company has a debt-to-equity ratio of 42.46, a current ratio of 1.46 and a quick ratio of 1.28.

Insider Buying and Selling

In other news, Director Mary Garden acquired 3,700 shares of the firm’s stock in a transaction that occurred on Tuesday, January 7th. The stock was purchased at an average cost of C$7.83 per share, for a total transaction of C$28,971.00. 51.55% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on DXT shares. Raymond James upped their price objective on Dexterra Group from C$8.50 to C$11.00 and gave the company an “outperform” rating in a research report on Thursday, January 30th. National Bankshares upped their price target on shares of Dexterra Group from C$11.00 to C$11.50 and gave the stock an “outperform” rating in a report on Wednesday, February 26th.

About Dexterra Group

Dexterra Group Inc engages in the provision of support services for the creation, management, and operation of infrastructure in Canada. It operates through three segments: Integrated Facilities Management (IFM); Modular Solutions; and Workforce Accommodations, Forestry and Energy Services (WAFES). The IFM segment delivers operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, education, rail, healthcare, and leisure.