Dexterra Group Inc. (TSE:DXT) to Issue Quarterly Dividend of $0.09

Dexterra Group Inc. (TSE:DXT - Get Free Report) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.0875 per share on Tuesday, April 15th. This represents a $0.35 dividend on an annualized basis and a yield of 4.40%. The ex-dividend date of this dividend is Monday, March 31st. This is a 0.6% increase from Dexterra Group's previous quarterly dividend of $0.09.

Dexterra Group Stock Down 0.5 %

Shares of TSE DXT traded down C$0.04 during midday trading on Tuesday, hitting C$7.95. 12,405 shares of the stock traded hands, compared to its average volume of 38,310. The company has a debt-to-equity ratio of 42.46, a quick ratio of 1.28 and a current ratio of 1.46. Dexterra Group has a one year low of C$5.13 and a one year high of C$8.34. The business has a 50 day moving average price of C$7.86 and a two-hundred day moving average price of C$7.32. The company has a market cap of C$505.93 million, a PE ratio of 40.47, a P/E/G ratio of 0.90 and a beta of 1.02.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. National Bankshares upped their price objective 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. Raymond James upped their target price on shares of Dexterra Group from C$8.50 to C$11.00 and gave the stock an "outperform" rating in a report on Thursday, January 30th.

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Insider Buying and Selling at Dexterra Group

In other Dexterra Group news, Director Mary Garden bought 3,700 shares of Dexterra Group stock in a transaction dated Tuesday, January 7th. The stock was bought at an average cost of C$7.83 per share, with a total value of C$28,971.00. Company insiders own 51.55% of the company's stock.

Dexterra Group Company Profile

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.