RDM Corp. (RC) Plans Quarterly Dividend of C$0.01
RDM Corp. (TSE:RC) declared a Quarterly dividend on Wednesday, August 20th, American Banking News.com reports. Stockholders of record on Friday, September 5th will be given a dividend of 0.01 per share on Friday, September 5th. This represents a yield of 1.54%. The ex-dividend date of this dividend is Wednesday, August 20th.
On a related note, analysts at M Partners initiated coverage on shares of RDM Corp. in a research note on Monday, July 21st. They set a “buy” rating and a C$4.25 price target on the stock.
Shares of RDM Corp. (TSE:RC) opened at 2.54 on Wednesday. RDM Corp. has a 52-week low of $1.60 and a 52-week high of $3.01. The stock’s 50-day moving average is $2.60 and its 200-day moving average is $2.64. The company has a market cap of $54.9 million and a price-to-earnings ratio of 20.23.
RDM Corporation (TSE:RC) is a provider of solutions for the electronic commerce and payment processing industries.
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