Constellation Software Inc. (CSU) to Issue Quarterly Dividend of $1.00 on April 15th

Constellation Software Inc. (TSE:CSU) announced a quarterly dividend on Friday, March 28th, TickerTech Dividends reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 1.00 per share on Tuesday, April 15th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.09%. The ex-dividend date is Friday, March 28th.

Constellation Software Stock Performance

TSE CSU traded down C$0.50 on Wednesday, reaching C$4,699.99. 4,941 shares of the company’s stock traded hands, compared to its average volume of 35,071. The stock has a 50 day moving average price of C$4,761.76 and a 200-day moving average price of C$4,550.51. The firm has a market cap of C$71.03 billion, a price-to-earnings ratio of 111.68, a P/E/G ratio of 2.95 and a beta of 0.81. The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93. Constellation Software has a fifty-two week low of C$3,535.00 and a fifty-two week high of C$5,040.00.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CSU. CIBC lifted their target price on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a report on Monday, March 10th. Raymond James upped their price objective on shares of Constellation Software from C$4,550.00 to C$5,250.00 in a research report on Monday, March 10th. BMO Capital Markets boosted their price objective on Constellation Software from C$4,900.00 to C$5,500.00 in a research report on Monday, March 10th. Finally, Royal Bank of Canada set a C$5.70 price objective on shares of Constellation Software and gave the company an “outperform” rating in a report on Friday, March 21st. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$4,334.28.

About Constellation Software

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care.