CGI Group, Inc. Announces Dividend of $0.15 (TSE:GIB)

CGI Group, Inc. (TSE:GIB) announced a dividend on Tuesday, November 5th,Zacks Dividends reports. Investors of record on Wednesday, November 20th will be given a dividend of 0.15 per share on Friday, December 20th. The ex-dividend date of this dividend is Wednesday, November 20th.

CGI Group Price Performance

CGI Group (TSE:GIB) last released its quarterly earnings results on Wednesday, November 6th. The company reported C$1.92 EPS for the quarter, missing the consensus estimate of C$2.04 by C($0.12). The business had revenue of C$3.66 billion for the quarter, compared to analyst estimates of C$3.63 billion.

Analysts Set New Price Targets

Several analysts have commented on the stock. Cibc World Mkts raised shares of CGI Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 15th. Sanford C. Bernstein upgraded shares of CGI Group to a “strong-buy” rating in a report on Thursday, August 1st.

CGI Group Company Profile

CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services in Canada; Western, Southern, Central, and Eastern Europe; Australia; Scandinavia; Finland, Poland, and Baltics; the United States; the United Kingdom; and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities.