OTC Markets Group Inc. (OTCM) to Issue Quarterly Dividend of $0.18 on September 21st

OTC Markets Group Inc. (OTCMKTS:OTCMGet Free Report) announced a quarterly dividend on Friday, July 21st, NASDAQ reports. Investors of record on Thursday, September 7th will be given a dividend of 0.18 per share by the financial services provider on Thursday, September 21st. This represents a $0.72 annualized dividend and a dividend yield of 1.27%. The ex-dividend date is Wednesday, September 6th.

OTC Markets Group Price Performance

Shares of OTCMKTS OTCM opened at $56.60 on Monday. The firm’s 50-day moving average is $57.73 and its two-hundred day moving average is $57.24. OTC Markets Group has a 12-month low of $53.00 and a 12-month high of $64.99. The company has a market capitalization of $675.24 million, a PE ratio of 23.68, a price-to-earnings-growth ratio of 2.64 and a beta of 0.61.

OTC Markets Group (OTCMKTS:OTCMGet Free Report) last issued its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by ($0.06). The company had revenue of $27.23 million during the quarter, compared to analysts’ expectations of $28.54 million. OTC Markets Group had a net margin of 26.81% and a return on equity of 85.57%. On average, analysts forecast that OTC Markets Group will post 2.38 EPS for the current fiscal year.

OTC Markets Group Company Profile

(Get Free Report)

OTC Markets Group Inc engages in the financial market business in the United States and internationally. It offers OTC Link Alternative Trading System, a dealer system to view and publish quotes; OTC Dealer, a real-time, front-end application that provides consolidated quotation, trading, and information system to attract and access market liquidity; OTC FIX, which uses the industry standard FIX protocol for quote submission, trading, and routing of execution reports; and OTC Link Electronic Communication Networks (ECN), a dealer network model with auto-execution functionality; OTC Link National Quotation Bureau (NQB), a matching engine model that allows for the distribution of market data.

Further Reading

Dividend History for OTC Markets Group (OTCMKTS:OTCM)

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