Altus Group Limited (TSE:AIF) Announces $0.15 Quarterly Dividend

Altus Group Limited (TSE:AIF) declared a quarterly dividend on Tuesday, June 30th, TickerTech Dividends reports. Investors of record on Wednesday, July 15th will be paid a dividend of 0.15 per share on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 1.4%. The ex-dividend date is Tuesday, June 30th.

Altus Group Stock Performance

AIF stock opened at C$44.27 on Friday. The business’s fifty day moving average is C$44.69 and its 200-day moving average is C$47.55. The company has a quick ratio of 1.30, a current ratio of 0.71 and a debt-to-equity ratio of 52.00. The company has a market cap of C$1.58 billion, a P/E ratio of -2,213.50, a price-to-earnings-growth ratio of 0.96 and a beta of 0.33. Altus Group has a twelve month low of C$36.97 and a twelve month high of C$63.07.

Altus Group (TSE:AIF) last announced its quarterly earnings results on Thursday, May 7th. The company reported C$0.42 earnings per share for the quarter. The business had revenue of C$108.23 million for the quarter. Altus Group had a negative net margin of 3.42% and a negative return on equity of 2.76%. Equities research analysts forecast that Altus Group will post 1.7263823 EPS for the current year.

Insider Transactions at Altus Group

In other news, Director William Brennan purchased 2,000 shares of Altus Group stock in a transaction that occurred on Thursday, May 28th. The stock was acquired at an average cost of C$42.90 per share, for a total transaction of C$85,800.00. Following the purchase, the director directly owned 3,529,831 shares of the company’s stock, valued at C$151,429,749.90. This trade represents a 0.06% increase in their position. Insiders have purchased 190,392 shares of company stock worth $8,052,187 in the last three months. Company insiders own 4.05% of the company’s stock.

About Altus Group

Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Altus Analytics, Commercial Real Estate Consulting, and Geomatics. It generates maximum revenue from the Commercial Real Estate Consulting segment. A part of its revenue is also derived from the United States, Europe, and the Asia Pacific.