Dexterra Group Inc. (TSE:DXT) Declares Dividend Increase – $0.09 Per Share

Dexterra Group Inc. (TSE:DXT) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.0875 per share on Tuesday, April 15th. This represents a $0.35 annualized dividend and a dividend yield of 4.35%. The ex-dividend date of this dividend is Monday, March 31st. This is a 0.6% increase from Dexterra Group’s previous quarterly dividend of $0.09.

Dexterra Group Stock Performance

Shares of DXT stock traded up C$0.07 during trading on Friday, hitting C$8.05. The company’s stock had a trading volume of 36,388 shares, compared to its average volume of 39,078. The company has a current ratio of 1.46, a quick ratio of 1.28 and a debt-to-equity ratio of 42.46. The company has a market cap of C$512.30 million, a PE ratio of 40.98, a P/E/G ratio of 0.90 and a beta of 1.02. The business has a fifty day moving average of C$7.85 and a 200-day moving average of C$7.30. Dexterra Group has a 52 week low of C$5.13 and a 52 week high of C$8.34.

Insiders Place Their Bets

In other Dexterra Group news, Director Mary Garden bought 3,700 shares of the business’s stock in a transaction on Tuesday, January 7th. The stock was purchased at an average price of C$7.83 per share, for a total transaction of C$28,971.00. Company insiders own 51.55% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Raymond James upped their price objective on Dexterra Group from C$8.50 to C$11.00 and gave the company an “outperform” rating in a research note on Thursday, January 30th. National Bankshares increased their price target on shares of Dexterra Group from C$11.00 to C$11.50 and gave the company an “outperform” rating in a research report on Wednesday, February 26th.

About Dexterra Group

Dexterra Group Inc engages in the provision of support services for the creation, management, and operation of infrastructure in Canada. It operates through three segments: Integrated Facilities Management (IFM); Modular Solutions; and Workforce Accommodations, Forestry and Energy Services (WAFES). The IFM segment delivers operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, education, rail, healthcare, and leisure.