Constellation Software Inc. Announces Quarterly Dividend of $1.35 (TSE:CSU)

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

Constellation Software Stock Performance

TSE CSU opened at C$4,656.93 on Wednesday. The company has a debt-to-equity ratio of 151.81, a current ratio of 0.90 and a quick ratio of 0.55. The stock’s 50 day simple moving average is C$4,490.99 and its 200-day simple moving average is C$4,263.19. The company has a market cap of C$98.68 billion, a PE ratio of 110.01, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. Constellation Software has a 1-year low of C$3,148.70 and a 1-year high of C$4,879.19.

Analyst Upgrades and Downgrades

CSU has been the subject of a number of recent research reports. BMO Capital Markets increased their target price on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday, November 11th. UBS Group raised shares of Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st. CIBC upped 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 report on Monday, December 9th. Raymond James lifted their price objective on Constellation Software from C$4,250.00 to C$4,550.00 in a research report on Monday, November 11th. Finally, National Bankshares upped their target price on Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Two equities 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 company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$4,875.00.

About Constellation Software

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.