Calian Group Ltd (TSE:CGY) declared a monthly dividend on Monday, May 25th, TickerTech reports. Shareholders of record on Tuesday, June 9th will be given a dividend of 0.28 per share on Tuesday, June 9th. This represents a $3.36 annualized dividend and a dividend yield of 6.36%. The ex-dividend date is Monday, May 25th.
Shares of TSE:CGY traded up C$0.12 during trading on Friday, hitting C$52.81. The company’s stock had a trading volume of 3,300 shares, compared to its average volume of 21,326. The business has a 50 day moving average price of C$44.24 and a two-hundred day moving average price of C$41.21. The company has a market capitalization of $504.90 million and a PE ratio of 19.95. The company has a debt-to-equity ratio of 38.81, a quick ratio of 1.55 and a current ratio of 1.66. Calian Group has a fifty-two week low of C$31.29 and a fifty-two week high of C$55.00.
CGY has been the subject of several research reports. Stifel Nicolaus dropped their price target on shares of Calian Group from C$51.00 to C$43.00 in a research note on Friday, March 27th. Desjardins reiterated a “buy” rating on shares of Calian Group in a research note on Tuesday, February 25th. Finally, Canaccord Genuity boosted their target price on shares of Calian Group from C$45.00 to C$52.00 in a research note on Friday, February 7th.
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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