Calian Group Ltd (CGY) Declares Quarterly Dividend of $0.28

Calian Group Ltd (TSE:CGY) announced a quarterly dividend on Tuesday, February 20th, TickerTech reports. Stockholders of record on Wednesday, March 7th will be given a dividend of 0.28 per share on Wednesday, March 7th. This represents a $1.12 annualized dividend and a dividend yield of 3.54%. The ex-dividend date of this dividend is Tuesday, February 20th.

Shares of Calian Group (TSE CGY) opened at C$31.60 on Thursday. The stock has a market cap of $238.29, a P/E ratio of 15.12 and a beta of -0.22. Calian Group has a 1 year low of C$24.51 and a 1 year high of C$34.95.

Calian Group (TSE:CGY) last released its quarterly earnings data on Wednesday, November 15th. The company reported C$0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.44 by C$0.12. Calian Group had a net margin of 5.98% and a return on equity of 19.67%.

In related news, insider Kevin Lee Ford sold 1,700 shares of the business’s stock in a transaction on Friday, November 24th. The shares were sold at an average price of C$33.06, for a total value of C$56,202.00. Also, insider Patrick Joseph Thera sold 7,000 shares of Calian Group stock in a transaction on Monday, December 4th. The stock was sold at an average price of C$32.16, for a total transaction of C$225,120.00. Insiders sold 24,400 shares of company stock worth $800,683 in the last 90 days.

Several equities research analysts recently weighed in on the stock. Acumen Capital boosted their price target on shares of Calian Group from C$36.00 to C$38.00 in a research report on Monday, November 20th. Desjardins boosted their price target on shares of Calian Group from C$35.00 to C$37.00 and gave the stock a “buy” rating in a research report on Thursday, November 16th.

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About Calian Group

Calian Group Ltd. engages in the systems engineering, manufacturing, training, information technology, and health care solutions to industries and government in Canada, the United States, and Europe. The company's Systems Engineering division plans, designs, and implements solutions in satellite communications, defense/security, and high-end telecommunications sectors.

Dividend History for Calian Group (TSE:CGY)

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