Constellation Software Plans Quarterly Dividend of $1.00 (CSU)
Constellation Software (TSE:CSU) declared a quarterly dividend on Wednesday, March 6th. Shareholders of record on Monday, March 18th will be given a dividend of $1.00 per share on Thursday, April 4th. This represents a $4.00 dividend on an annualized basis and a yield of 3.19%.
CSU has been the subject of a number of recent research reports. Analysts at CIBC reiterated a “sector perform” rating on shares of Constellation Software in a research note to investors on Wednesday. They now have a $117.00 price target on the stock. On a related note, analysts at RBC Capital reiterated a “top pick” rating on shares of Constellation Software in a research note to investors on Thursday, February 28th. They now have a $140.00 price target on the stock. Finally, analysts at Scotiabank reiterated an “outperform” rating on shares of Constellation Software in a research note to investors on Thursday, February 21st. They now have a $149.00 price target on the stock.
Shares of Constellation Software (CSU) traded up 0.73% during mid-day trading on Wednesday, hitting $124.65. Constellation Software (CSU) has a 52 week low of $86.20 and a 52 week high of $127.25. The stock’s 50-day moving average is currently $122.2. The company has a market cap of $2.641 billion and a P/E ratio of 36.18.
Constellation Software Inc. (CSI) acquires, manages and builds vertical market software businesses. It operates in two segments: Public Sector segment, which develops and distributes software solutions to government and government-related customers, and Private Sector segment, which develops and distributes software solutions to commercial customers.
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