Constellation Software Inc. Announces Quarterly Dividend of $1.35 (TSE:CSU)

Constellation Software Inc. (TSE:CSU) declared a quarterly dividend on Friday, December 20th,Zacks Dividends reports. Investors of record on Friday, January 10th will be paid a dividend of 1.353 per share on Friday, January 10th. This represents a $5.41 dividend on an annualized basis and a yield of 0.12%. The ex-dividend date of this dividend is Friday, December 20th.

Constellation Software Price Performance

Shares of CSU opened at C$4,656.93 on Wednesday. The firm has a fifty day simple moving average of C$4,490.99 and a two-hundred day simple moving average of C$4,263.19. The firm has a market cap of C$98.68 billion, a PE ratio of 110.01, a P/E/G ratio of 2.95 and a beta of 0.81. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 151.81. Constellation Software has a 1-year low of C$3,148.70 and a 1-year high of C$4,879.19.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on CSU shares. CIBC boosted their price objective on shares of Constellation Software from C$4,800.00 to C$5,300.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. TD Securities boosted their price target on Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday, November 11th. UBS Group raised Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st. National Bankshares lifted their price objective on Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Finally, BMO Capital Markets increased their target price on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a report on Monday, November 11th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$4,875.00.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.