Calian Group Ltd. Declares Quarterly Dividend of $0.28 (TSE:CGY)

Calian Group Ltd. (TSE:CGY) announced a quarterly dividend on Wednesday, February 26th, TickerTech Dividends reports. Shareholders of record on Wednesday, March 12th will be given a dividend of 0.28 per share on Wednesday, March 12th. This represents a $1.12 annualized dividend and a yield of 2.56%. The ex-dividend date is Wednesday, February 26th.

Calian Group Price Performance

TSE:CGY opened at C$43.81 on Monday. Calian Group has a 12 month low of C$42.88 and a 12 month high of C$60.29. The stock has a 50 day moving average of C$48.24 and a two-hundred day moving average of C$47.85. The company has a current ratio of 1.29, a quick ratio of 1.20 and a debt-to-equity ratio of 39.54. The firm has a market cap of C$520.07 million, a P/E ratio of 46.91, a price-to-earnings-growth ratio of 2.50 and a beta of 0.88.

Analyst Ratings Changes

CGY has been the topic of several recent research reports. Acumen Capital lowered their target price on Calian Group from C$75.00 to C$70.00 in a report on Wednesday, November 27th. Ventum Financial decreased their price objective on Calian Group from C$70.00 to C$68.00 in a report on Wednesday, November 27th. Finally, CIBC decreased their price objective on Calian Group from C$63.00 to C$62.00 in a report on Friday, February 14th. Six analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of C$72.14.

Insider Transactions at Calian Group

In other news, Director Jo-Anne Cecile Poirier sold 4,368 shares of the stock in a transaction dated Friday, December 13th. The shares were sold at an average price of C$47.15, for a total transaction of C$205,951.20. Also, Director Young Park sold 4,194 shares of the stock in a transaction dated Monday, December 9th. The stock was sold at an average price of C$50.09, for a total transaction of C$210,077.46. Over the last 90 days, insiders have purchased 3,147 shares of company stock valued at $148,588 and have sold 10,884 shares valued at $528,380. Corporate insiders own 0.63% of the company’s stock.

About Calian Group

Calian Group Ltd. provides business services and solutions in Canada and internationally. It operates through four segment: Advanced Technologies, Health, Learning, and IT and Cyber Solutions (ITCS). The company offers systems engineering, software development, integration design, embedded design, operational management and lifecycle support, modelling and simulation-enabled design, and research & development solutions and services; environmental and radiation protection, decommissioning and waste management, regulatory affairs and licensing, and emergency preparedness and training services; and sophisticated communication systems for the satellite industry, such as antennas, RF systems, decimator RF spectrum analyzers, in-orbit test systems, software defined solutions, operations and teleport services, transmitters, receivers, and modems.