OTC Markets Group Inc. (OTCMKTS:OTCM) Plans $0.18 Quarterly Dividend

OTC Markets Group Inc. (OTCMKTS:OTCM - Get Free Report) announced a quarterly dividend on Tuesday, March 11th, NASDAQ Dividends reports. Investors of record on Monday, March 24th will be paid a dividend of 0.18 per share by the financial services provider on Monday, March 31st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date of this dividend is Monday, March 24th.

OTC Markets Group Price Performance

OTCMKTS:OTCM traded up $0.22 during mid-day trading on Monday, reaching $47.00. The stock had a trading volume of 2,416 shares, compared to its average volume of 4,176. The stock's 50 day simple moving average is $51.45 and its two-hundred day simple moving average is $50.78. OTC Markets Group has a 1-year low of $45.00 and a 1-year high of $55.50. The company has a market capitalization of $564.61 million, a price-to-earnings ratio of 20.98, a price-to-earnings-growth ratio of 2.17 and a beta of 0.54.

About OTC Markets Group

OTC Markets Group Inc operates regulated markets for trading 12,000 U.S. and international securities. Its data-driven disclosure standards form the foundation of its three public markets: OTCQX Best Market, OTCQB Venture Market, and Pink Open Market. The company's OTC Link Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading.