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

OTC Markets Group Inc. (OTCMKTS:OTCM) announced a dividend on Saturday, November 16th,investing.com reports. Stockholders of record on Friday, November 22nd will be given 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 of this dividend is Thursday, November 21st.

OTC Markets Group Stock Performance

OTCM stock opened at $52.16 on Friday. OTC Markets Group has a one year low of $45.00 and a one year high of $62.00. The firm has a market cap of $624.67 million, a PE ratio of 23.29, a PEG ratio of 2.32 and a beta of 0.53. The firm’s 50 day moving average price is $49.08 and its 200-day moving average price is $49.42.

OTC Markets Group (OTCMKTS:OTCM) last issued its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $27.39 million during the quarter, compared to the consensus estimate of $27.07 million. Equities research analysts predict that OTC Markets Group will post 2.4 EPS for the current fiscal year.

About OTC Markets Group

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.