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

Constellation Software Inc. (TSE:CSU - Get Free Report) declared a quarterly dividend on Friday, June 20th, TickerTech Dividends reports. Shareholders of record on Friday, July 11th will be given a dividend of 1.00 per share on Friday, July 11th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.08%. The ex-dividend date of this dividend is Friday, June 20th.

Constellation Software Stock Down 0.2%

Shares of CSU opened at C$4,832.94 on Wednesday. The company has a market capitalization of C$73.03 billion, a price-to-earnings ratio of 114.83, a PEG ratio of 2.95 and a beta of 0.81. Constellation Software has a 52 week low of C$3,720.00 and a 52 week high of C$5,300.00. The stock's 50-day moving average price is C$4,879.87 and its 200-day moving average price is C$4,727.52. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. TD Securities increased their price target on Constellation Software from C$5,500.00 to C$5,600.00 and gave the stock a "buy" rating in a research report on Thursday, May 22nd. Royal Bank Of Canada set a C$5.70 target price on Constellation Software and gave the company an "outperform" rating in a research report on Friday, March 21st. BMO Capital Markets boosted their price target on shares of Constellation Software from C$5,500.00 to C$5,700.00 in a report on Thursday, May 22nd. Jefferies Financial Group upped their price objective on shares of Constellation Software from C$5,350.00 to C$5,850.00 and gave the stock a "buy" rating in a research report on Thursday, May 22nd. Finally, CIBC increased their price objective on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a report on Monday, March 10th. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Constellation Software currently has an average rating of "Buy" and a consensus price target of C$4,693.67.

About Constellation Software

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.