Dexterra Group Inc. (TSE:DXT) Increases Dividend to $0.09 Per Share

Dexterra Group Inc. (TSE:DXT - Get Free Report) announced 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 Price Performance

Dexterra Group stock remained flat at C$7.95 during mid-day trading on Wednesday. The company's stock had a trading volume of 6,258 shares, compared to its average volume of 37,795. Dexterra Group has a 1 year low of C$5.13 and a 1 year high of C$8.34. The company has a market capitalization of C$505.93 million, a P/E ratio of 40.47, a PEG ratio of 0.90 and a beta of 1.02. The business has a fifty day moving average of C$7.86 and a two-hundred day moving average of C$7.33. The company has a debt-to-equity ratio of 42.46, a current ratio of 1.46 and a quick ratio of 1.28.

Analyst Ratings Changes

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

Insider Buying and Selling at Dexterra Group

In other news, Director Mary Garden acquired 3,700 shares of the firm's stock in a transaction on Tuesday, January 7th. The shares were purchased at an average cost of C$7.83 per share, for a total transaction of C$28,971.00. Corporate 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.