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

OTC Markets Group Inc. (OTCMKTS:OTCM) declared a quarterly dividend on Wednesday, November 6th,investing.com reports. Stockholders of record on Thursday, December 5th will be paid 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 is Wednesday, December 4th.

OTC Markets Group Stock Up 1.6 %

Shares of OTCMKTS:OTCM opened at $52.85 on Monday. OTC Markets Group has a fifty-two week low of $45.00 and a fifty-two week high of $60.16. The firm’s 50 day moving average price is $50.33 and its 200 day moving average price 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 posted its earnings results on Wednesday, November 6th. The financial services provider reported $0.61 EPS for the quarter, beating the consensus estimate of $0.60 by $0.01. The firm had revenue of $27.39 million for the quarter, compared to analyst estimates of $27.07 million. OTC Markets Group had a return on equity of 70.24% and a net margin of 24.63%. On average, equities analysts anticipate 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.