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

OTC Markets Group Inc. (OTCMKTS:OTCM) declared a dividend on Saturday, November 16th,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 dividend yield of 11.5%. The ex-dividend date is Thursday, November 21st.

OTC Markets Group Stock Up 0.8 %

Shares of OTCMKTS:OTCM opened at $52.16 on Friday. The company has a market capitalization of $624.88 million, a P/E ratio of 23.29, a P/E/G ratio of 2.41 and a beta of 0.53. The stock’s fifty day simple moving average is $49.16 and its 200-day simple moving average is $49.40. OTC Markets Group has a 52-week low of $45.00 and a 52-week high of $62.00.

OTC Markets Group (OTCMKTS:OTCM) last announced its earnings results on Wednesday, November 6th. The financial services provider reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.01. OTC Markets Group had a net margin of 24.63% and a return on equity of 75.89%. The firm had revenue of $27.39 million during the quarter, compared to the consensus estimate of $27.07 million. On average, sell-side analysts anticipate 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.