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

OTC Markets Group Inc. (OTCMKTS:OTCM) announced 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 dividend on an annualized basis and a yield of 11.35%. The ex-dividend date is Wednesday, December 4th.

OTC Markets Group Price Performance

OTCMKTS:OTCM opened at $52.85 on Monday. The stock has a market cap of $632.98 million, a P/E ratio of 23.59, a PEG ratio of 2.45 and a beta of 0.53. The company has a fifty day moving average price of $50.33 and a 200 day moving average price of $49.46. OTC Markets Group has a one year low of $45.00 and a one year high of $60.16.

OTC Markets Group (OTCMKTS:OTCM) last posted its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $0.61 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 firm had revenue of $27.39 million during the quarter, compared to analysts’ expectations of $27.07 million. As a group, equities research analysts anticipate that OTC Markets Group will post 2.4 EPS for the current year.

OTC Markets Group Company Profile

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.