Maxar Technologies Ltd (TSE:MAXR) announced a quarterly dividend on Thursday, December 13th, TickerTech reports. Investors of record on Monday, December 31st will be paid a dividend of 0.37 per share on Monday, December 31st. This represents a $1.48 annualized dividend and a dividend yield of 7.87%. The ex-dividend date of this dividend is Thursday, December 13th.
Shares of MAXR stock traded down C$0.85 during trading on Friday, hitting C$18.80. The company had a trading volume of 555,500 shares, compared to its average volume of 347,198. The company has a current ratio of 0.94, a quick ratio of 0.77 and a debt-to-equity ratio of 187.79. Maxar Technologies has a one year low of C$17.68 and a one year high of C$86.67.
Several brokerages recently issued reports on MAXR. CIBC cut their price target on Maxar Technologies from C$82.50 to C$69.00 in a research note on Friday, September 7th. National Bank Financial cut their price target on Maxar Technologies from C$60.00 to C$45.00 and set an “outperform” rating for the company in a research note on Thursday, November 1st. Finally, BMO Capital Markets cut their price target on Maxar Technologies from C$76.00 to C$35.00 in a research note on Thursday, November 1st. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of C$58.88.
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About Maxar Technologies
Maxar Technologies Ltd., a space and geospatial intelligence company, provides satellites, earth imagery, geospatial data, and analytics for the commercial and government customers worldwide. The company operates through three segments: Space Systems, Imagery, and Services. The Space Systems segment supplies space and ground based infrastructure and information solutions, including communication and imaging satellites, payloads and antenna subsystems, space-based and airborne surveillance solutions, and associated ground infrastructure and support services for communications and surveillance and intelligence applications.
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