Constellation Software Inc. Declares Quarterly Dividend of $1.00 (TSE:CSU)

Constellation Software Inc. (TSE:CSU - Get Free Report) announced a quarterly dividend on Friday, March 28th, TickerTech Dividends reports. Investors of record on Tuesday, April 15th will be paid a dividend of 1.00 per share on Tuesday, April 15th. This represents a $4.00 dividend on an annualized basis and a yield of 0.09%. The ex-dividend date is Friday, March 28th.

Constellation Software Stock Down 2.1 %

Shares of Constellation Software stock traded down C$97.29 on Friday, hitting C$4,564.80. The company had a trading volume of 39,877 shares, compared to its average volume of 35,748. The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93. The stock has a 50 day moving average of C$4,776.52 and a 200-day moving average of C$4,556.91. Constellation Software has a 1 year low of C$3,535.00 and a 1 year high of C$5,040.00. The stock has a market capitalization of C$68.98 billion, a price-to-earnings ratio of 108.46, a P/E/G ratio of 2.95 and a beta of 0.81.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. BMO Capital Markets lifted their price objective on shares of Constellation Software from C$4,900.00 to C$5,500.00 in a report on Monday, March 10th. Raymond James raised their price target on Constellation Software from C$4,550.00 to C$5,250.00 in a research report on Monday, March 10th. CIBC upped their price objective on Constellation Software from C$5,300.00 to C$5,450.00 in a report on Monday, March 10th. Finally, Royal Bank of Canada set a C$5.70 price target on shares of Constellation Software and gave the stock an "outperform" rating in a research note on Friday, March 21st. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Constellation Software presently has an average rating of "Moderate Buy" and a consensus price target of C$4,334.28.

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About Constellation Software

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care.