Constellation Software Inc. to Issue Quarterly Dividend of $1.35 (TSE:CSU)

Constellation Software Inc. (TSE:CSU - Get Free Report) declared a quarterly dividend on Friday, December 20th,Zacks Dividends reports. Shareholders of record on Friday, January 10th will be paid a dividend of 1.353 per share on Friday, January 10th. This represents a $5.41 dividend on an annualized basis and a dividend yield of 0.12%. The ex-dividend date is Friday, December 20th.

Constellation Software Trading Down 4.1 %

CSU stock traded down C$189.81 during midday trading on Wednesday, reaching C$4,467.12. 35,246 shares of the company traded hands, compared to its average volume of 29,697. The firm has a market capitalization of C$94.66 billion, a price-to-earnings ratio of 105.53, a P/E/G ratio of 2.95 and a beta of 0.81. The company has a debt-to-equity ratio of 151.81, a quick ratio of 0.55 and a current ratio of 0.90. The business has a 50 day moving average of C$4,490.99 and a 200-day moving average of C$4,263.19. Constellation Software has a 52-week low of C$3,148.70 and a 52-week high of C$4,879.19.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on CSU shares. BMO Capital Markets increased their target price on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research note on Monday, November 11th. TD Securities increased their price objective on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a research report on Monday, November 11th. Raymond James raised their price objective on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a research note on Monday, November 11th. National Bankshares upped their target price on Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. Finally, CIBC increased their price target on Constellation Software from C$4,800.00 to C$5,300.00 and gave the stock an "outperform" rating in a report on Monday, December 9th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of C$4,875.00.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.