Constellation Software Inc. (TSE:CSU) Plans $1.00 Quarterly Dividend

Constellation Software Inc. (TSE:CSU) declared a quarterly dividend on Friday, March 28th, TickerTech Dividends reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 1.00 per share on Tuesday, April 15th. This represents a $4.00 annualized dividend and a dividend yield of 0.09%. The ex-dividend date of this dividend is Friday, March 28th.

Constellation Software Stock Performance

CSU stock opened at C$4,700.49 on Wednesday. The company has a debt-to-equity ratio of 169.83, a current ratio of 0.93 and a quick ratio of 0.55. Constellation Software has a 1 year low of C$3,535.00 and a 1 year high of C$5,040.00. The company has a market cap of C$71.03 billion, a P/E ratio of 111.69, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The stock’s fifty day moving average price is C$4,761.76 and its 200-day moving average price is C$4,550.51.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CSU. CIBC increased their price objective on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a research note on Monday, March 10th. BMO Capital Markets increased their price target on shares of Constellation Software from C$4,900.00 to C$5,500.00 in a research report on Monday, March 10th. Royal Bank of Canada set a C$5.70 price objective on shares of Constellation Software and gave the company an “outperform” rating in a research report on Friday, March 21st. Finally, Raymond James lifted their target price on Constellation Software from C$4,550.00 to C$5,250.00 in a research report on Monday, March 10th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Constellation Software currently has a consensus rating of “Moderate Buy” and a consensus target price of C$4,334.28.

Constellation Software Company Profile

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care.