Dexterra Group Inc. (TSE:DXT) Announces Quarterly Dividend of $0.09

Dexterra Group Inc. (TSE:DXT) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Stockholders of record on Tuesday, April 15th will be paid a dividend of 0.0875 per share on Tuesday, April 15th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.35%. The ex-dividend date is Monday, March 31st. This is a 0.6% increase from Dexterra Group’s previous quarterly dividend of $0.09.

Dexterra Group Trading Up 0.9 %

TSE DXT traded up C$0.07 during mid-day trading on Friday, reaching C$8.05. 36,388 shares of the stock were exchanged, compared to its average volume of 39,078. The stock has a market cap of C$512.30 million, a P/E ratio of 40.98, a P/E/G ratio of 0.90 and a beta of 1.02. The company has a debt-to-equity ratio of 42.46, a current ratio of 1.46 and a quick ratio of 1.28. Dexterra Group has a one year low of C$5.13 and a one year high of C$8.34. The stock has a 50 day simple moving average of C$7.85 and a 200-day simple moving average of C$7.30.

Insider Activity at Dexterra Group

In other news, Director Mary Garden bought 3,700 shares of the firm’s stock in a transaction on Tuesday, January 7th. The stock was acquired at an average cost of C$7.83 per share, with a total value of C$28,971.00. 51.55% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Raymond James lifted their target price on Dexterra Group from C$8.50 to C$11.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th. National Bankshares boosted their target price on shares of Dexterra Group from C$11.00 to C$11.50 and gave the company an “outperform” rating in a research report on Wednesday, February 26th.

About Dexterra Group

Dexterra Group Inc engages in the provision of support services for the creation, management, and operation of infrastructure in Canada. It operates through three segments: Integrated Facilities Management (IFM); Modular Solutions; and Workforce Accommodations, Forestry and Energy Services (WAFES). The IFM segment delivers operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, education, rail, healthcare, and leisure.