OTC Markets Group Inc. (OTCM) Raises Dividend to $0.60 Per Share
OTC Markets Group Inc. (OTCMKTS:OTCM) declared a dividend on Wednesday, November 2nd. Investors of record on Tuesday, November 22nd will be paid a dividend of 0.60 per share on Tuesday, December 6th. The ex-dividend date is Friday, November 18th. This is an increase from OTC Markets Group’s previous dividend of $0.14.
OTC Markets Group (OTCMKTS:OTCM) opened at 18.90 on Friday. OTC Markets Group has a 52 week low of $14.40 and a 52 week high of $20.00. The company’s 50-day moving average price is $18.63 and its 200-day moving average price is $17.36. The company has a market capitalization of $209.71 million, a P/E ratio of 20.24 and a beta of 0.41.
Separately, Sidoti assumed coverage on OTC Markets Group in a research note on Thursday, September 1st. They set a $21.00 target price for the company.
OTC Markets Group Company Profile
OTC Markets Group Inc, formerly Pink OTC Markets, operates open, transparent and connected financial markets for over 10,000 United States and global securities. The Company, through OTC Link Alternative Trading System (ATS), links a diverse network of broker-dealers for the provision of liquidity and execution services for a range of securities.
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