Dexterra Group Inc. (DXT) to Issue Quarterly Dividend of $0.09 on April 15th

Dexterra Group Inc. (TSE:DXT) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.0875 per share on Tuesday, April 15th. This represents a $0.35 annualized dividend and a dividend yield of 4.35%. The ex-dividend date is Monday, March 31st. This is a 0.6% increase from Dexterra Group’s previous quarterly dividend of $0.09.

Dexterra Group Stock Up 0.9 %

Shares of DXT traded up C$0.07 during midday trading on Friday, hitting C$8.05. The company had a trading volume of 36,388 shares, compared to its average volume of 39,078. The company has a debt-to-equity ratio of 42.46, a quick ratio of 1.28 and a current ratio of 1.46. Dexterra Group has a 1 year low of C$5.13 and a 1 year high of C$8.34. The firm has a market capitalization of C$512.30 million, a P/E ratio of 40.98, a P/E/G ratio of 0.90 and a beta of 1.02. The company’s 50-day simple moving average is C$7.85 and its 200-day simple moving average is C$7.30.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Raymond James boosted their target price on Dexterra Group from C$8.50 to C$11.00 and gave the stock an “outperform” rating in a research note on Thursday, January 30th. National Bankshares boosted their price target on Dexterra Group from C$11.00 to C$11.50 and gave the company an “outperform” rating in a research report on Wednesday, February 26th.

Insider Buying and Selling

In other news, Director Mary Garden purchased 3,700 shares of the company’s stock in a transaction dated Tuesday, January 7th. The stock was acquired at an average price of C$7.83 per share, for a total transaction of C$28,971.00. 51.55% of the stock is currently owned by corporate insiders.

Dexterra Group Company Profile

Dexterra Group Inc engages in the provision of support services for the creation, management, and operation of infrastructure in Canada. It operates through three segments: Integrated Facilities Management (IFM); Modular Solutions; and Workforce Accommodations, Forestry and Energy Services (WAFES). The IFM segment delivers operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, education, rail, healthcare, and leisure.