Constellation Software Inc. Announces Quarterly Dividend of $1.00 (TSE:CSU)

Key Points

• Constellation Software Inc. has declared a quarterly dividend of $1.00 per share for investors of record on October 10th, resulting in an annualized yield of 0.1%.
• The company's current share price is approximately C$4,355.17, with a market capitalization of C$92.29 billion.
• Constellation Software operates in two segments, Public Sector and Private Sector, providing customized software solutions across various industries.

Constellation Software Inc. (TSE:CSU - Get Free Report) announced a quarterly dividend on Friday, September 19th, TickerTech Dividends reports. Investors of record on Friday, October 10th will be given a dividend of 1.00 per share on Friday, October 10th. This represents a c) dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, September 19th.

Constellation Software Stock Up 2.5%

Shares of CSU traded up C$106.37 during mid-day trading on Friday, hitting C$4,417.32. 137,028 shares of the company's stock were exchanged, compared to its average volume of 36,419. The company has a market cap of C$93.61 billion, a PE ratio of 146.08, a P/E/G ratio of 2.95 and a beta of 0.77. Constellation Software has a 52 week low of C$4,101.70 and a 52 week high of C$5,300.00. The company has a 50-day simple moving average of C$4,613.62 and a 200 day simple moving average of C$4,750.61. The company has a debt-to-equity ratio of 169.83, a current ratio of 0.93 and a quick ratio of 0.55.

Wall Street Analyst Weigh In

CSU has been the subject of several research reports. Royal Bank Of Canada raised their price target on shares of Constellation Software from C$5,700.00 to C$6,000.00 and gave the stock an "outperform" rating in a research note on Monday, August 11th. TD Securities increased their price objective on Constellation Software from C$5,600.00 to C$5,700.00 and gave the company a "buy" rating in a report on Monday, August 11th. Finally, BMO Capital Markets cut their price objective on Constellation Software from C$5,700.00 to C$5,400.00 in a report on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of C$5,521.43.

Constellation Software Company Profile

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care.