OTC Markets Group Inc. (OTCM) to Issue Quarterly Dividend of $1.50 on December 19th

OTC Markets Group Inc. (OTCMKTS:OTCM) declared a quarterly dividend on Wednesday, November 6th,NASDAQ Dividends reports. Investors of record on Thursday, December 5th will be given a dividend of 1.50 per share by the financial services provider on Thursday, December 19th. This represents a $6.00 annualized dividend and a dividend yield of 11.35%. The ex-dividend date of this dividend is Wednesday, December 4th.

OTC Markets Group Stock Performance

OTCMKTS:OTCM opened at $52.85 on Monday. OTC Markets Group has a one year low of $45.00 and a one year high of $60.16. The business’s 50-day simple moving average is $50.33 and its 200 day simple moving average is $49.46. The stock has a market cap of $632.98 million, a price-to-earnings ratio of 23.59, a price-to-earnings-growth ratio of 2.45 and a beta of 0.53.

OTC Markets Group (OTCMKTS:OTCM) last announced its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.01. OTC Markets Group had a return on equity of 70.24% and a net margin of 24.63%. The firm had revenue of $27.39 million for the quarter, compared to analysts’ expectations of $27.07 million. On average, equities research analysts predict that OTC Markets Group will post 2.4 EPS 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.