OTC Markets Group Inc. (OTCM) To Go Ex-Dividend on December 4th

OTC Markets Group Inc. (OTCMKTS:OTCM) declared a quarterly dividend on Wednesday, November 6th,investing.com reports. Investors of record on Thursday, December 5th will be given 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 Price Performance

OTCM stock opened at $52.85 on Monday. OTC Markets Group has a 1 year low of $45.00 and a 1 year high of $60.16. The firm has a market capitalization of $632.98 million, a PE ratio of 23.59, a price-to-earnings-growth ratio of 2.45 and a beta of 0.53. The business has a 50 day simple moving average of $50.33 and a 200-day simple moving average of $49.46.

OTC Markets Group (OTCMKTS:OTCM) last released its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.01. The firm had revenue of $27.39 million during the quarter, compared to analysts’ expectations of $27.07 million. OTC Markets Group had a net margin of 24.63% and a return on equity of 70.24%. On average, equities research analysts expect that OTC Markets Group will post 2.4 EPS for the current 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.