Calian Group Ltd. Plans Quarterly Dividend of $0.28 (TSE:CGY)

Calian Group Ltd. (TSE:CGY) announced a quarterly dividend on Wednesday, February 26th, TickerTech Dividends reports. Investors of record on Wednesday, March 12th will be given a dividend of 0.28 per share on Wednesday, March 12th. This represents a $1.12 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date is Wednesday, February 26th.

Calian Group Stock Down 1.1 %

Shares of TSE:CGY opened at C$43.81 on Monday. The firm has a market capitalization of C$520.07 million, a PE ratio of 46.91, a price-to-earnings-growth ratio of 2.50 and a beta of 0.88. The business has a 50 day simple moving average of C$48.24 and a two-hundred day simple moving average of C$47.85. Calian Group has a 1 year low of C$42.88 and a 1 year high of C$60.29. The company has a debt-to-equity ratio of 39.54, a current ratio of 1.29 and a quick ratio of 1.20.

Insider Activity

In other Calian Group news, Director Young Park sold 4,194 shares of the company’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of C$50.09, for a total transaction of C$210,077.46. Also, Director Raymond Gregory Basler sold 849 shares of the stock in a transaction on Monday, December 2nd. The shares were sold at an average price of C$49.59, for a total value of C$42,101.91. Over the last 90 days, insiders have bought 3,147 shares of company stock worth $148,588 and have sold 10,884 shares worth $528,380. Insiders own 0.63% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on CGY. CIBC cut their price objective on Calian Group from C$63.00 to C$62.00 in a research report on Friday, February 14th. Acumen Capital cut their price target on shares of Calian Group from C$75.00 to C$70.00 in a report on Wednesday, November 27th. Finally, Ventum Financial reduced their price target on shares of Calian Group from C$70.00 to C$68.00 in a research note on Wednesday, November 27th. Six analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Calian Group has an average rating of “Buy” and a consensus target price of C$72.14.

About Calian Group

Calian Group Ltd. provides business services and solutions in Canada and internationally. It operates through four segment: Advanced Technologies, Health, Learning, and IT and Cyber Solutions (ITCS). The company offers systems engineering, software development, integration design, embedded design, operational management and lifecycle support, modelling and simulation-enabled design, and research & development solutions and services; environmental and radiation protection, decommissioning and waste management, regulatory affairs and licensing, and emergency preparedness and training services; and sophisticated communication systems for the satellite industry, such as antennas, RF systems, decimator RF spectrum analyzers, in-orbit test systems, software defined solutions, operations and teleport services, transmitters, receivers, and modems.