TECSYS Inc. (TSE:TCS) declared a quarterly dividend on Thursday, November 30th, Zacks reports. Stockholders of record on Thursday, December 21st will be given a dividend of 0.05 per share on Thursday, January 11th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date is Wednesday, December 20th. This is a boost from TECSYS’s previous quarterly dividend of $0.05.

TECSYS (TSE TCS) opened at C$16.57 on Friday. TECSYS has a one year low of C$9.24 and a one year high of C$17.18.

TCS has been the subject of a number of recent research reports. Industrial Alliance Securities restated a “buy” rating and set a C$17.00 price objective on shares of TECSYS in a research note on Wednesday, September 27th. Laurentian Bank of Canada increased their price objective on shares of TECSYS from C$16.00 to C$18.25 in a research note on Monday, December 4th. Beacon Securities downgraded shares of TECSYS from a “buy” rating to a “hold” rating in a research note on Monday, December 4th. Finally, Laurentian increased their price objective on shares of TECSYS from C$16.00 to C$18.25 in a research note on Monday, December 4th.

In other news, Director Vernon Lobo sold 6,000 shares of the stock in a transaction dated Thursday, October 12th. The shares were sold at an average price of C$15.95, for a total transaction of C$95,700.00. Also, Director Peter Brereton sold 67,920 shares of the stock in a transaction dated Wednesday, September 27th. The stock was sold at an average price of C$14.90, for a total transaction of C$1,012,008.00.

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About TECSYS

Tecsys Inc is a Canada-based company engaged in the development, marketing and sale of enterprise-wide supply chain management software for distribution, warehousing, transportation logistics and point-of-use. The Company also provides related consulting, education and support services. Its Supply Chain Platform with Visual Content is a technology for optimizing warehouse management operations.

Dividend History for TECSYS (TSE:TCS)

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