OTC Markets Group Inc. (OTCMKTS:OTCM) to Issue Quarterly Dividend of $0.18

OTC Markets Group Inc. (OTCMKTS:OTCM) announced a quarterly dividend on Wednesday, March 12th, NASDAQ Dividends reports. Shareholders of record on Monday, March 24th will be given a dividend of 0.18 per share by the financial services provider on Monday, March 31st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date is Monday, March 24th.

OTC Markets Group Stock Performance

Shares of OTCM traded down $1.78 during mid-day trading on Thursday, reaching $46.78. 4,873 shares of the company were exchanged, compared to its average volume of 4,216. The business has a 50 day simple moving average of $51.61 and a two-hundred day simple moving average of $50.74. The stock has a market capitalization of $561.97 million, a PE ratio of 20.88, a PEG ratio of 2.17 and a beta of 0.54. OTC Markets Group has a 52 week low of $45.00 and a 52 week high of $55.50.

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.