Maxar Technologies Ltd (MAXR) Declares $0.37 Quarterly Dividend

Maxar Technologies Ltd (TSE:MAXR) announced a quarterly dividend on Thursday, December 13th, TickerTech reports. Shareholders of record on Monday, December 31st will be paid a dividend of 0.37 per share on Monday, December 31st. This represents a $1.48 dividend on an annualized basis and a yield of 7.87%. The ex-dividend date of this dividend is Thursday, December 13th.

Shares of TSE:MAXR traded down C$0.85 during trading on Friday, hitting C$18.80. 555,500 shares of the stock were exchanged, compared to its average volume of 347,198. The company has a debt-to-equity ratio of 187.79, a current ratio of 0.94 and a quick ratio of 0.77. Maxar Technologies has a 12-month low of C$17.68 and a 12-month high of C$86.67.

Several equities research analysts have recently commented on the company. National Bank Financial decreased their price target on Maxar Technologies from C$60.00 to C$45.00 and set an “outperform” rating on the stock in a research note on Thursday, November 1st. CIBC downgraded Maxar Technologies from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from C$69.00 to C$38.50 in a research report on Thursday, November 1st. Finally, BMO Capital Markets cut their price objective on Maxar Technologies from C$76.00 to C$35.00 in a research report on Thursday, November 1st. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of C$58.88.

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Maxar Technologies Company Profile

Maxar Technologies Ltd., a space and geospatial intelligence company, provides satellites, earth imagery, geospatial data, and analytics for the commercial and government customers worldwide. The company operates through three segments: Space Systems, Imagery, and Services. The Space Systems segment supplies space and ground based infrastructure and information solutions, including communication and imaging satellites, payloads and antenna subsystems, space-based and airborne surveillance solutions, and associated ground infrastructure and support services for communications and surveillance and intelligence applications.

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Dividend History for Maxar Technologies (TSE:MAXR)

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