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

Dexterra Group Inc. (TSE:DXT) declared a quarterly dividend on Tuesday, November 5th, Zacks reports. Investors of record on Tuesday, December 31st will be paid a dividend of 0.087 per share on Wednesday, January 15th. This represents a $0.35 annualized dividend and a yield of 5.57%. The ex-dividend date of this dividend is Tuesday, December 31st.

Dexterra Group Price Performance

TSE DXT remained flat at C$6.25 during trading hours on Thursday. 33,600 shares of the company traded hands, compared to its average volume of 44,991. The stock has a fifty day moving average of C$6.53 and a two-hundred day moving average of C$5.95. Dexterra Group has a fifty-two week low of C$5.13 and a fifty-two week high of C$6.93. The firm has a market cap of C$400 million, a price-to-earnings ratio of 13.59, a P/E/G ratio of 0.90 and a beta of 1.02. The company has a quick ratio of 1.28, a current ratio of 1.52 and a debt-to-equity ratio of 55.43.

Dexterra Group (TSE:DXT) last posted its earnings results on Tuesday, August 6th. The company reported C$0.19 earnings per share for the quarter, topping the consensus estimate of C$0.11 by C$0.08. The company had revenue of C$253.62 million for the quarter, compared to analyst estimates of C$238.37 million. Dexterra Group had a net margin of 1.61% and a return on equity of 10.48%. On average, analysts predict that Dexterra Group will post 0.7094298 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on DXT shares. TD Securities increased their target price on shares of Dexterra Group from C$5.50 to C$6.00 and gave the stock a “hold” rating in a report on Wednesday, August 7th. Raymond James increased their target price on shares of Dexterra Group from C$8.00 to C$8.50 in a report on Thursday, August 8th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock 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.