Constellation Software Inc. (OTCMKTS:CNSWF) Declares Dividend Increase - $1.00 Per Share

Constellation Software Inc. (OTCMKTS:CNSWF - Get Free Report) announced a dividend on Tuesday, June 17th, investing.com reports. Investors of record on Monday, June 23rd will be given a dividend of 1.00 per share on Friday, July 11th. This represents a yield of 0.11%. The ex-dividend date is Friday, June 20th. This is a 100.0% increase from Constellation Software's previous dividend of $0.50.

Constellation Software Trading Down 2.6%

CNSWF traded down $92.32 during midday trading on Friday, reaching $3,495.25. The company had a trading volume of 1,393 shares, compared to its average volume of 1,801. Constellation Software has a 12-month low of $2,720.00 and a 12-month high of $3,998.72. The business has a 50-day moving average price of $3,542.83 and a two-hundred day moving average price of $3,345.69. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 1.05.

Constellation Software (OTCMKTS:CNSWF - Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The company reported $20.43 EPS for the quarter, missing analysts' consensus estimates of $20.48 by ($0.05). Constellation Software had a return on equity of 57.43% and a net margin of 7.15%. The company had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.76 billion. On average, sell-side analysts forecast that Constellation Software will post 77.19 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CNSWF. Jefferies Financial Group restated a "buy" rating on shares of Constellation Software in a research note on Tuesday, May 13th. TD Securities reissued a "buy" rating on shares of Constellation Software in a report on Tuesday, May 13th. Finally, BMO Capital Markets restated an "outperform" rating on shares of Constellation Software in a research note on Tuesday, May 13th.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.