Constellation Software Inc. (CSU) to Issue Quarterly Dividend of $1.35 on January 10th

Constellation Software Inc. (TSE:CSU) declared a quarterly dividend on Friday, December 20th,Zacks Dividends reports. Shareholders 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 annualized dividend and a yield of 0.12%. The ex-dividend date is Friday, December 20th.

Constellation Software Price Performance

Shares of TSE:CSU traded down C$12.59 during midday trading on Wednesday, hitting C$4,644.34. The stock had a trading volume of 2,018 shares, compared to its average volume of 29,555. The company has a quick ratio of 0.55, a current ratio of 0.90 and a debt-to-equity ratio of 151.81. The company has a market capitalization of C$98.41 billion, a P/E ratio of 110.01, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The company’s 50-day moving average price is C$4,490.99 and its 200-day moving average price is C$4,263.19. Constellation Software has a fifty-two week low of C$3,148.70 and a fifty-two week high of C$4,879.19.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on CSU shares. Raymond James raised their price target on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a research note on Monday, November 11th. CIBC increased their price target on Constellation Software from C$4,800.00 to C$5,300.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. UBS Group upgraded Constellation Software to a “strong-buy” rating in a research report on Thursday, November 21st. National Bankshares upped their price target on shares of 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 boosted their price objective on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research note on Monday, November 11th. Two 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 stock. According to MarketBeat.com, Constellation Software currently has a consensus rating of “Moderate Buy” and an average price target of C$4,875.00.

Constellation Software Company Profile

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.