Calian Group Ltd. (CGY) to Issue Quarterly Dividend of $0.28 on June 10th

Calian Group Ltd. (TSE:CGY) announced a quarterly dividend on Wednesday, May 27th, TickerTech Dividends reports. Investors of record on Wednesday, June 10th will be given a dividend of 0.28 per share on Wednesday, June 10th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Wednesday, May 27th.

Calian Group Price Performance

Shares of TSE:CGY opened at C$83.44 on Monday. The stock has a fifty day simple moving average of C$74.06 and a two-hundred day simple moving average of C$66.08. The stock has a market capitalization of C$952.13 million, a price-to-earnings ratio of 29.28, a PEG ratio of 2.50 and a beta of 0.92. Calian Group has a 12-month low of C$37.70 and a 12-month high of C$85.16. The company has a current ratio of 1.51, a quick ratio of 1.20 and a debt-to-equity ratio of 63.54.

Calian Group (TSE:CGY) last announced its quarterly earnings data on Thursday, May 14th. The company reported C$1.30 earnings per share (EPS) for the quarter. The business had revenue of C$228.70 million during the quarter. Calian Group had a return on equity of 10.35% and a net margin of 3.97%. On average, research analysts anticipate that Calian Group will post 4.9475219 earnings per share for the current fiscal year.

Analyst Ratings Changes

CGY has been the subject of several recent analyst reports. Royal Bank Of Canada boosted their price target on Calian Group from C$78.00 to C$90.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Canadian Imperial Bank of Commerce boosted their price target on Calian Group from C$76.00 to C$90.00 in a research note on Friday, May 15th. Acumen Capital boosted their price target on Calian Group from C$70.00 to C$85.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Canaccord Genuity Group boosted their price target on Calian Group from C$63.00 to C$80.00 in a research note on Friday, February 13th. Finally, ATB Cormark Capital Markets boosted their price target on Calian Group from C$92.50 to C$98.50 and gave the stock an “outperform” rating in a research note on Tuesday, May 19th. Eight research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of C$87.94.

Calian Group Company Profile

Calian Group Ltd operates through four segments namely Advanced Technologies, Health, Learning, and Information Technology. It generates maximum revenue from the Health segment. The company serves health, defence, security, aerospace, engineering, AgTech, and IT industries. Its Health segment includes Clinical Services; Nursing Services; Psychological Services and Medical Property Management. The Advanced Technologies segment includes Engineering Solutions and Services; Nuclear and Environmental Services; Satcom; DOCSIS; Electronics Design and Manufacturing and Agricultural Technology.