Constellation Software Inc. Plans Quarterly Dividend of $1.00 (TSE:CSU)

Constellation Software Inc. (TSE:CSU) declared a quarterly dividend on Friday, March 28th, TickerTech Dividends reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 1.00 per share on Tuesday, April 15th. This represents a $4.00 annualized dividend and a dividend yield of 0.09%. The ex-dividend date is Friday, March 28th.

Constellation Software Stock Performance

Shares of CSU traded up C$3.51 during mid-day trading on Wednesday, reaching C$4,704.00. 3,505 shares of the company’s stock were exchanged, compared to its average volume of 35,086. The company has a debt-to-equity ratio of 169.83, a current ratio of 0.93 and a quick ratio of 0.55. The stock has a market capitalization of C$71.09 billion, a PE ratio of 111.77, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. Constellation Software has a 52-week low of C$3,535.00 and a 52-week high of C$5,040.00. The business’s fifty day simple moving average is C$4,761.76 and its 200-day simple moving average is C$4,550.51.

Analyst Upgrades and Downgrades

CSU has been the subject of a number of recent analyst reports. BMO Capital Markets raised their target price on Constellation Software from C$4,900.00 to C$5,500.00 in a report on Monday, March 10th. Royal Bank of Canada set a C$5.70 target price on shares of Constellation Software and gave the company an “outperform” rating in a report on Friday, March 21st. Raymond James raised their price target on Constellation Software from C$4,550.00 to C$5,250.00 in a research note on Monday, March 10th. Finally, CIBC upped their price objective on Constellation Software from C$5,300.00 to C$5,450.00 in a report on Monday, March 10th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Constellation Software presently has an average rating of “Moderate Buy” and a consensus price target of C$4,334.28.

About Constellation Software

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care.