Calian Group Ltd (TSE:CGY) to Issue $0.28 Monthly Dividend

Calian Group Ltd (TSE:CGY) announced a monthly dividend on Monday, May 25th, TickerTech reports. Investors of record on Tuesday, June 9th will be paid a dividend of 0.28 per share on Tuesday, June 9th. This represents a $3.36 annualized dividend and a yield of 6.36%. The ex-dividend date is Monday, May 25th.

Shares of CGY opened at C$52.81 on Friday. The firm has a fifty day simple moving average of C$44.24 and a two-hundred day simple moving average of C$41.21. The firm has a market cap of $504.90 million and a PE ratio of 19.95. The company has a current ratio of 1.66, a quick ratio of 1.55 and a debt-to-equity ratio of 38.81. Calian Group has a 1-year low of C$31.29 and a 1-year high of C$55.00.

A number of analysts recently commented on the company. Canaccord Genuity upped their price objective on Calian Group from C$45.00 to C$52.00 in a research report on Friday, February 7th. Stifel Nicolaus cut their price target on Calian Group from C$51.00 to C$43.00 in a research note on Friday, March 27th. Finally, Desjardins reaffirmed a “buy” rating on shares of Calian Group in a research report on Tuesday, February 25th.

Calian Group Company Profile

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.

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Dividend History for Calian Group (TSE:CGY)

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