Maxar Technologies Ltd to Issue Quarterly Dividend of $0.37 (MAXR)
Maxar Technologies Ltd (TSE:MAXR) declared a quarterly dividend on Thursday, November 2nd, Zacks reports. Shareholders of record on Friday, December 15th will be paid a dividend of 0.37 per share on Friday, December 29th. This represents a $1.48 annualized dividend and a yield of 1.74%. The ex-dividend date is Thursday, December 14th.
Shares of Maxar Technologies (MAXR) traded down C$0.32 during midday trading on Friday, reaching C$85.08. The company’s stock had a trading volume of 277,200 shares, compared to its average volume of 191,499. Maxar Technologies has a fifty-two week low of C$70.13 and a fifty-two week high of C$86.67.
Several research analysts have commented on MAXR shares. TD Securities raised their target price on Maxar Technologies from C$84.00 to C$87.00 in a research note on Tuesday, October 10th. CSFB raised their target price on Maxar Technologies from C$93.00 to C$97.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 29th. CIBC raised their target price on Maxar Technologies from C$83.00 to C$90.00 in a research note on Friday, October 6th. National Bank Financial raised their target price on Maxar Technologies from C$73.00 to C$90.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 26th. Finally, BMO Capital Markets raised their target price on Maxar Technologies from C$81.00 to C$89.00 in a research note on Friday, November 3rd. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Maxar Technologies has an average rating of “Buy” and an average price target of C$90.00.
Maxar Technologies Company Profile
Maxar Technologies Ltd., a communications and information company, provides operational solutions to commercial and government organizations worldwide. The company operates in two segments, Communications, and Surveillance and Intelligence. The Communications segment offers solutions for the delivery of a range of services, including television and radio distribution, broadband Internet, and mobile communications.
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