NFI Group Inc. (OTCMKTS:NFYEF) Plans Dividend of $0.04

NFI Group Inc. (OTCMKTS:NFYEFGet Rating) declared a dividend on Wednesday, June 22nd, investing.com reports. Investors of record on Thursday, June 30th will be given a dividend of 0.041 per share on Friday, July 15th. This represents a dividend yield of 1.6%. The ex-dividend date of this dividend is Wednesday, June 29th.

OTCMKTS NFYEF opened at $9.85 on Thursday. NFI Group has a twelve month low of $8.16 and a twelve month high of $25.05. The stock has a 50-day simple moving average of $10.27 and a 200 day simple moving average of $12.97.

Several equities analysts recently weighed in on the company. TD Securities cut their price objective on NFI Group from C$18.00 to C$13.50 in a research report on Monday, May 2nd. Stifel Nicolaus cut their price objective on NFI Group from C$11.50 to C$6.00 in a research report on Monday, May 2nd. CIBC cut their price objective on NFI Group from C$18.00 to C$12.00 in a research report on Monday, May 2nd. National Bank Financial cut their price objective on NFI Group from C$26.00 to C$19.00 in a research report on Friday, March 11th. Finally, Scotiabank cut their price target on NFI Group from C$22.00 to C$18.00 in a report on Monday, May 2nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, NFI Group currently has a consensus rating of “Hold” and a consensus price target of $13.75.

NFI Group Company Profile (Get Rating)

NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, Europe, the Asia Pacific, and internationally. It operates through two segments, Manufacturing Operations and Aftermarket Operations. The company offers heavy-duty transit buses under the New Flyer name; single and double-deck buses under the Alexander Dennis Limited brand name; motor coaches under Plaxton and MCI brand names; low-floor cutaway and medium-duty buses under the ARBOC brand; and aftermarket parts under the NFI Parts brand name, as well as articulated buses.

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Dividend History for NFI Group (OTCMKTS:NFYEF)

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