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

Calian Group Ltd. (TSE:CGY – Get Free Report) declared a quarterly dividend on Wednesday, August 26th, TickerTech Dividends reports. Investors of record on Wednesday, September 9th will be paid a dividend of 0.28 per share on Wednesday, September 9th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Wednesday, August 26th.

Calian Group Price Performance

Shares of TSE:CGY opened at C$76.56 on Monday. The stock’s 50-day moving average is C$81.07 and its 200 day moving average is C$78.01. The company has a market cap of C$881.36 million, a PE ratio of 23.20, a P/E/G ratio of 2.50 and a beta of 0.96. The company has a debt-to-equity ratio of 54.28, a current ratio of 1.61 and a quick ratio of 1.20. Calian Group has a 1 year low of C$44.89 and a 1 year high of C$95.50.

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Calian Group (TSE:CGY – Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported C$1.10 earnings per share for the quarter. Calian Group had a return on equity of 11.67% and a net margin of 4.41%.The business had revenue of C$230.40 million during the quarter. Sell-side analysts anticipate that Calian Group will post 4.9475219 EPS for the current year.

Analyst Upgrades and Downgrades

CGY has been the topic of several research analyst reports. Canadian Imperial Bank of Commerce boosted their target price on Calian Group from C$93.00 to C$107.00 in a research note on Friday, August 14th. Stifel Nicolaus set a C$100.00 price target on Calian Group and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Ventum lifted their price target on shares of Calian Group from C$94.00 to C$100.00 and gave the company a “buy” rating in a report on Monday, June 15th. Royal Bank Of Canada boosted their price objective on shares of Calian Group from C$90.00 to C$105.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Finally, Desjardins upped their price objective on shares of Calian Group from C$104.00 to C$109.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Nine research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$101.72.

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Calian Group Company Profile

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Calian Group Ltd operates through four segments namely Advanced Technologies, Health, Learning, and Information Technology. It generates maximum revenue from the Health segment. The company serves health, defence, security, aerospace, engineering, AgTech, and IT industries. Its Health segment includes Clinical Services; Nursing Services; Psychological Services and Medical Property Management. The Advanced Technologies segment includes Engineering Solutions and Services; Nuclear and Environmental Services; Satcom; DOCSIS; Electronics Design and Manufacturing and Agricultural Technology.

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