Mediagrif Interactive Technologies Inc. (TSE:MDF)’s share price was down 0.7% during trading on Monday . The stock traded as low as C$12.18 and last traded at C$12.18. Approximately 5,264 shares traded hands during trading, a decline of 33% from the average daily volume of 7,847 shares. The stock had previously closed at C$12.27.

Several equities analysts have recently commented on MDF shares. Laurentian cut shares of Mediagrif Interactive Technologies from a “buy” rating to a “hold” rating and lowered their price target for the company from C$20.00 to C$16.50 in a report on Wednesday, August 9th. National Bank Financial cut shares of Mediagrif Interactive Technologies from an “outperform” rating to a “sector perform” rating and decreased their price objective for the stock from C$20.00 to C$14.00 in a report on Thursday, November 9th.

The company also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Tuesday, January 2nd will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date is Friday, December 29th. Mediagrif Interactive Technologies’s dividend payout ratio (DPR) is 51.28%.

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About Mediagrif Interactive Technologies

Mediagrif Interactive Technologies Inc is a Canada-based company, which provides e-business solutions to consumer and businesses. The Company is engaged in information technology and is an owner of various Web and mobile platforms, including Jobboom, LesPAC, Reseau Contact, MERX, InterTrade, Carrus and BidNet.

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