OTC Markets Group Inc. (OTCMKTS:OTCM - Get Free Report) declared a dividend on Saturday, November 16th,investing.com reports. Shareholders of record on Friday, November 22nd will be given a dividend of 1.50 per share by the financial services provider on Thursday, December 5th. This represents a dividend yield of 11.5%. The ex-dividend date is Thursday, November 21st.
OTC Markets Group Stock Up 0.8 %
Shares of OTCMKTS OTCM traded up $0.42 during trading hours on Friday, hitting $52.16. The company had a trading volume of 2,947 shares, compared to its average volume of 5,377. OTC Markets Group has a 1-year low of $45.00 and a 1-year high of $62.00. The firm's 50 day moving average is $49.16 and its 200-day moving average is $49.42. The stock has a market capitalization of $624.67 million, a P/E ratio of 23.29, a price-to-earnings-growth ratio of 2.32 and a beta of 0.53.
OTC Markets Group (OTCMKTS:OTCM - Get Free Report) last issued its earnings results on Wednesday, November 6th. The financial services provider reported $0.61 EPS for the quarter, topping the consensus estimate of $0.60 by $0.01. OTC Markets Group had a return on equity of 75.89% and a net margin of 24.63%. The company had revenue of $27.39 million during the quarter, compared to the consensus estimate of $27.07 million. On average, sell-side analysts predict that OTC Markets Group will post 2.4 earnings per share for the current year.
OTC Markets Group Company Profile
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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.
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