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

OTC Markets Group Inc. (OTCMKTS:OTCM) announced a dividend on Tuesday, November 19th,investing.com reports. Shareholders 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 yield of 11.18%. The ex-dividend date of this dividend is Thursday, November 21st.

OTC Markets Group Price Performance

OTC Markets Group stock traded down $0.24 during midday trading on Tuesday, reaching $53.41. The company’s stock had a trading volume of 4,846 shares, compared to its average volume of 5,420. The stock has a market capitalization of $639.61 million, a P/E ratio of 23.84, a PEG ratio of 2.41 and a beta of 0.53. OTC Markets Group has a 52-week low of $45.00 and a 52-week high of $62.00. The stock’s 50-day simple moving average is $49.29 and its 200-day simple moving average is $49.39.

OTC Markets Group (OTCMKTS:OTCM) last posted its earnings results on Wednesday, November 6th. The financial services provider reported $0.61 earnings per share (EPS) 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 analysts’ expectations of $27.07 million. As a group, equities research analysts expect that OTC Markets Group will post 2.4 earnings per share for the current fiscal 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.