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

OTC Markets Group Inc. (OTCMKTS:OTCM) announced a quarterly dividend on Wednesday, November 6th,NASDAQ Dividends reports. Stockholders of record on Thursday, December 5th will be paid a dividend of 1.50 per share by the financial services provider on Thursday, December 19th. This represents a $6.00 annualized dividend and a dividend yield of 11.59%. The ex-dividend date of this dividend is Thursday, December 5th.

OTC Markets Group Price Performance

OTCMKTS:OTCM traded down $2.21 during mid-day trading on Thursday, reaching $51.76. The stock had a trading volume of 7,768 shares, compared to its average volume of 5,407. The stock has a market cap of $619.77 million, a P/E ratio of 23.11, a PEG ratio of 2.45 and a beta of 0.53. The business’s 50 day moving average is $48.81 and its 200 day moving average is $49.47. OTC Markets Group has a fifty-two week low of $45.00 and a fifty-two week high of $62.00.

OTC Markets Group (OTCMKTS:OTCM) last announced its quarterly earnings results on Wednesday, August 7th. The financial services provider reported $0.56 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.10). OTC Markets Group had a return on equity of 71.64% and a net margin of 24.67%. The business had revenue of $27.56 million for the quarter, compared to analyst estimates of $28.06 million. Equities analysts expect that OTC Markets Group will post 2.36 EPS for the current 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.