OTC Markets Group Inc. (OTCM) to Issue Quarterly Dividend of $1.50 on December 19th

OTC Markets Group Inc. (OTCMKTS:OTCM) declared a quarterly dividend on Wednesday, November 6th,NASDAQ Dividends reports. Investors 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 dividend on an annualized basis and a yield of 11.35%. The ex-dividend date of this dividend is Wednesday, December 4th.

OTC Markets Group Stock Up 1.6 %

Shares of OTCMKTS OTCM opened at $52.85 on Monday. The stock has a market cap of $632.98 million, a P/E ratio of 23.59, a P/E/G ratio of 2.45 and a beta of 0.53. OTC Markets Group has a fifty-two week low of $45.00 and a fifty-two week high of $60.16. The firm’s 50-day simple moving average is $50.33 and its 200 day simple moving average is $49.46.

OTC Markets Group (OTCMKTS:OTCM) last announced its earnings results on Wednesday, November 6th. The financial services provider reported $0.61 EPS for the quarter, beating the consensus estimate of $0.60 by $0.01. OTC Markets Group had a return on equity of 70.24% and a net margin of 24.63%. The business had revenue of $27.39 million during the quarter, compared to the consensus estimate of $27.07 million. On average, sell-side analysts anticipate that OTC Markets Group will post 2.4 earnings per share for the current fiscal year.

About OTC Markets Group

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.