COM DEV International Ltd Plans Quarterly Dividend of C$0.03 (CDV)
COM DEV International (TSE:CDV) announced a quarterly dividend on Thursday, September 4th, American Banking News reports. Investors of record on Monday, September 15th will be paid a dividend of 0.03 per share on Tuesday, September 30th. This represents a $0.12 annualized dividend and a dividend yield of 2.93%. The ex-dividend date is Thursday, September 11th.
A number of analysts have recently weighed in on CDV shares. Analysts at CIBC raised their price target on shares of COM DEV International from C$5.00 to C$5.50 in a research note on Thursday, June 12th. They now have an “outperform” rating on the stock. Analysts at Paradigm Capital raised their price target on shares of COM DEV International from C$6.00 to C$6.75 in a research note on Friday, June 6th. They now have a “buy” rating on the stock.
COM DEV International (TSE:CDV) traded up 0.73% on Thursday, hitting $4.12. The stock had a trading volume of 6,299 shares. COM DEV International has a one year low of $3.42 and a one year high of $4.40. The stock’s 50-day moving average is $4.13 and its 200-day moving average is $3.97. The company has a market cap of $314.1 million and a P/E ratio of 18.59.
COM DEV International (TSE:CDV) last posted its quarterly earnings results on Friday, June 6th. The company reported $0.07 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.05 by $0.02. On average, analysts predict that COM DEV International will post $0.23 earnings per share for the current fiscal year.
COM DEV International Ltd. (TSE:CDV) is a designer, manufacturer and distributor of space communications and space science products and systems.
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