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

Calian Group Ltd. (TSE:CGY) declared a quarterly dividend on Wednesday, February 26th, TickerTech Dividends reports. Shareholders 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 dividend yield of 2.56%. The ex-dividend date is Wednesday, February 26th.

Calian Group Stock Down 1.1 %

Calian Group stock opened at C$43.81 on Monday. Calian Group has a 1-year low of C$42.88 and a 1-year high of C$60.29. The firm has a market capitalization of C$520.07 million, a price-to-earnings ratio of 46.91, a price-to-earnings-growth ratio of 2.50 and a beta of 0.88. The firm’s fifty day moving average price is C$48.24 and its two-hundred day moving average price is C$47.85. The company has a current ratio of 1.29, a quick ratio of 1.20 and a debt-to-equity ratio of 39.54.

Analyst Ratings Changes

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

Insider Buying and Selling

In other Calian Group news, Director Lori O’neill purchased 600 shares of the stock in a transaction dated Tuesday, February 18th. The shares were bought at an average price of C$44.75 per share, with a total value of C$26,850.00. Following the completion of the transaction, the director now directly owns 600 shares in the company, valued at approximately C$26,850. This trade represents a ∞ increase in their position. Also, Director Jo-Anne Cecile Poirier sold 4,368 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of C$47.15, for a total transaction of C$205,951.20. Over the last 90 days, insiders purchased 3,147 shares of company stock worth $148,588 and sold 10,884 shares worth $528,380. 0.63% of the stock is currently owned by corporate insiders.

Calian Group Company Profile

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.