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

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

OTC Markets Group Trading Up 1.6 %

OTC Markets Group stock opened at $52.85 on Monday. OTC Markets Group has a 12-month low of $45.00 and a 12-month high of $60.16. The firm has a 50-day moving average price of $50.33 and a 200-day moving average price of $49.46. 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.

OTC Markets Group (OTCMKTS:OTCM) last announced its earnings results on Wednesday, November 6th. The financial services provider reported $0.61 earnings per share (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 analyst estimates of $27.07 million. As a group, sell-side analysts predict 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.