Dexterra Group Inc. (TSE:DXT) to Issue $0.09 Quarterly Dividend

Dexterra Group Inc. (TSE:DXT - Get Free Report) declared a quarterly dividend on Tuesday, May 14th, Zacks reports. Stockholders of record on Friday, June 28th will be given a dividend of 0.087 per share on Monday, July 15th. This represents a $0.35 annualized dividend and a dividend yield of 6.54%. The ex-dividend date of this dividend is Friday, June 28th.

Dexterra Group Trading Down 1.8 %

Shares of TSE:DXT traded down C$0.10 during mid-day trading on Thursday, reaching C$5.32. The stock had a trading volume of 155,975 shares, compared to its average volume of 37,454. The firm has a 50 day simple moving average of C$5.73 and a two-hundred day simple moving average of C$5.75. Dexterra Group has a twelve month low of C$5.25 and a twelve month high of C$6.35. The firm has a market cap of C$341.28 million, a PE ratio of 12.98, a price-to-earnings-growth ratio of 0.90 and a beta of 1.02. The company has a current ratio of 1.33, a quick ratio of 1.28 and a debt-to-equity ratio of 40.87.

Wall Street Analysts Forecast Growth

DXT has been the topic of several analyst reports. Raymond James upgraded shares of Dexterra Group from a "market perform" rating to an "outperform" rating and increased their target price for the stock from C$7.00 to C$8.00 in a report on Monday, March 11th. TD Securities lowered Dexterra Group from a "buy" rating to a "hold" rating and reduced their target price for the stock from C$7.50 to C$6.00 in a report on Friday, March 8th. Finally, ATB Capital lowered their price target on Dexterra Group from C$9.00 to C$8.25 in a report on Monday, March 11th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Dexterra Group presently has an average rating of "Moderate Buy" and an average price target of C$7.75.

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.