Climb Global Solutions, Inc. (NASDAQ:CLMB – Get Free Report) announced a quarterly dividend on Wednesday, March 5th, RTT News reports. Investors of record on Monday, March 17th will be paid a dividend of 0.17 per share on Friday, March 21st. This represents a $0.68 dividend on an annualized basis and a yield of 0.57%.
Climb Global Solutions Price Performance
CLMB stock opened at $118.81 on Thursday. Climb Global Solutions has a 52-week low of $49.69 and a 52-week high of $142.50. The company has a 50-day moving average of $126.71 and a two-hundred day moving average of $115.78. The stock has a market capitalization of $547.36 million, a price-to-earnings ratio of 32.20, a price-to-earnings-growth ratio of 1.74 and a beta of 1.13.
Analyst Ratings Changes
Separately, Barrington Research restated an “outperform” rating and set a $136.00 price target on shares of Climb Global Solutions in a report on Thursday, December 12th.
Climb Global Solutions Company Profile
Climb Global Solutions Inc operates as a value-added information technology (IT) distribution and solutions company in the United States, Canada, Europe, the United Kingdom, and internationally. It operates in two segments, Distribution and Solutions. The company distributes technical software to corporate and value-added resellers, consultants, and systems integrators under the name Climb Channel Solutions; and provides cloud solutions and resells software, hardware, and services under the name Grey Matter.
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