Sylogist Ltd. (TSE:SYZ) Declares Dividend Increase – $0.13 Per Share

Sylogist Ltd. (TSE:SYZGet Rating) announced a quarterly dividend on Thursday, May 12th, Zacks reports. Stockholders of record on Tuesday, May 31st will be paid a dividend of 0.125 per share on Wednesday, June 15th. This represents a $0.50 annualized dividend and a dividend yield of 7.37%. The ex-dividend date of this dividend is Monday, May 30th. This is an increase from Sylogist’s previous quarterly dividend of $0.07.

Shares of Sylogist stock opened at C$6.78 on Friday. The firm has a market cap of C$162.15 million and a price-to-earnings ratio of 74.51. The company has a debt-to-equity ratio of 59.99, a current ratio of 0.51 and a quick ratio of 0.47. Sylogist has a 52-week low of C$6.73 and a 52-week high of C$16.26. The stock has a 50-day simple moving average of C$9.16 and a 200-day simple moving average of C$10.78.

Sylogist (TSE:SYZGet Rating) last issued its quarterly earnings data on Wednesday, February 9th. The company reported C($0.01) earnings per share for the quarter. The company had revenue of C$12.56 million during the quarter, compared to analyst estimates of C$13.10 million. As a group, equities research analysts predict that Sylogist will post 0.32 earnings per share for the current year.

About Sylogist (Get Rating)

Sylogist Ltd., a software company, provides enterprise resource planning (ERP) solutions in Canada, the United States, the United Kingdom, and internationally. It offers Serenic Navigator solutions, including accounting and financial management, award and budget management, payroll and human resources, analytics and decision support, reporting, deposits and loans, and field connect products.

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Dividend History for Sylogist (TSE:SYZ)

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