Enghouse Systems Limited (TSE:ENGH) to Issue Dividend Increase – $0.19 Per Share

Enghouse Systems Limited (TSE:ENGHGet Rating) declared a quarterly dividend on Monday, May 16th, TickerTech reports. Investors of record on Tuesday, May 31st will be paid a dividend of 0.185 per share on Tuesday, May 31st. This represents a $0.74 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date is Monday, May 16th. This is a positive change from Enghouse Systems’s previous quarterly dividend of $0.16.

Shares of TSE ENGH opened at C$32.58 on Friday. The company has a 50 day simple moving average of C$37.57 and a 200 day simple moving average of C$44.13. The firm has a market cap of C$1.81 billion and a PE ratio of 19.39. Enghouse Systems has a 1 year low of C$31.40 and a 1 year high of C$64.42. The company has a debt-to-equity ratio of 5.09, a current ratio of 1.83 and a quick ratio of 1.76.

Several research analysts have issued reports on the stock. Scotiabank lowered their price target on shares of Enghouse Systems from C$58.00 to C$51.00 in a report on Monday, March 7th. TD Securities reduced their price objective on shares of Enghouse Systems from C$60.00 to C$50.00 and set a “buy” rating for the company in a research report on Monday, March 7th. Royal Bank of Canada reduced their price objective on shares of Enghouse Systems from C$65.00 to C$55.00 and set an “outperform” rating for the company in a research report on Monday, March 7th. Finally, CIBC reduced their price objective on shares of Enghouse Systems from C$58.00 to C$47.00 and set an “outperform” rating for the company in a research report on Monday, March 7th.

In related news, Director Reid Drury sold 20,000 shares of Enghouse Systems stock in a transaction on Wednesday, March 16th. The shares were sold at an average price of C$40.68, for a total value of C$813,600.00. Following the completion of the sale, the director now owns 145,900 shares of the company’s stock, valued at approximately C$5,935,212.

Enghouse Systems Company Profile (Get Rating)

Enghouse Systems Limited, together with its subsidiaries, develops enterprise software solutions worldwide. It operates through two segments, Interactive Management Group and Asset Management Group. The Interactive Management Group segment provides customer interaction software and services to facilitate remote work, enhance customer service, increase efficiency, and manage customer communications across various types of interactions, including voice, email, web chats, text, and video.

See Also

Dividend History for Enghouse Systems (TSE:ENGH)

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