TECSYS Inc. (TCS) to Issue Quarterly Dividend of $0.06

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TECSYS Inc. (TSE:TCS) declared a quarterly dividend on Thursday, February 28th, Zacks reports. Investors of record on Thursday, March 21st will be paid a dividend of 0.055 per share on Thursday, April 11th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date of this dividend is Wednesday, March 20th. This is a positive change from TECSYS’s previous quarterly dividend of $0.05.

Shares of TCS stock opened at C$13.90 on Friday. The company has a current ratio of 1.83, a quick ratio of 1.24 and a debt-to-equity ratio of 30.03. TECSYS has a twelve month low of C$10.30 and a twelve month high of C$17.50. The company has a market capitalization of $181.84 million and a P/E ratio of 185.33.

TCS has been the topic of several recent analyst reports. National Bank Financial reaffirmed an “outperform” rating and issued a C$18.00 price target on shares of TECSYS in a research report on Tuesday, March 5th. Echelon Wealth Partners reaffirmed a “buy” rating on shares of TECSYS in a research report on Friday, February 1st. Finally, Beacon Securities raised TECSYS from a “hold” rating to a “buy” rating in a research report on Friday, February 1st.

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About TECSYS

TECSYS Inc engages in the development, marketing, and sale of supply chain management software for distribution, warehousing, transportation logistics, and point-of-use in Canada, the United States, and internationally. The company offers warehouse management, distribution management, transportation management, and supply management at point-of-use, as well as financial management and analytics solutions; ITopia, a Healthcare Logistics Platform.

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Dividend History for TECSYS (TSE:TCS)

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