OTC Markets Group Inc. (OTCMKTS:OTCM) Declares $1.50 Dividend

OTC Markets Group Inc. (OTCMKTS:OTCM) declared a dividend on Tuesday, November 19th,investing.com reports. Investors of record on Friday, November 22nd will be paid a dividend of 1.50 per share by the financial services provider on Thursday, December 5th. This represents a yield of 11.18%. The ex-dividend date of this dividend is Thursday, November 21st.

OTC Markets Group Price Performance

Shares of OTCMKTS:OTCM traded down $0.24 during trading hours on Tuesday, hitting $53.41. 4,846 shares of the company’s stock traded hands, compared to its average volume of 5,420. The firm has a market capitalization of $639.61 million, a P/E ratio of 23.84, a price-to-earnings-growth ratio of 2.41 and a beta of 0.53. The business has a fifty day moving average price of $49.29 and a 200-day moving average price of $49.39. OTC Markets Group has a 1 year low of $45.00 and a 1 year high of $62.00.

OTC Markets Group (OTCMKTS:OTCM) last posted its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $27.07 million. As a group, equities analysts predict that OTC Markets Group will post 2.4 earnings per share for the current year.

OTC Markets Group Company Profile

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.