Maxar Technologies Ltd (TSE:MAXR) declared a quarterly dividend on Thursday, November 2nd, Zacks reports. Stockholders of record on Friday, December 15th will be paid a dividend of 0.37 per share on Friday, December 29th. This represents a $1.48 annualized dividend and a dividend yield of 1.74%. The ex-dividend date is Thursday, December 14th.
Shares of Maxar Technologies (TSE MAXR) traded down C$0.32 during trading on Friday, hitting C$85.08. The stock had a trading volume of 277,200 shares, compared to its average volume of 191,499. Maxar Technologies has a 12-month low of C$70.13 and a 12-month high of C$86.67.
MAXR has been the subject of several research analyst reports. CSFB increased their price objective on Maxar Technologies from C$93.00 to C$97.00 and gave the stock an “outperform” rating in a report on Tuesday, August 29th. Scotiabank cut Maxar Technologies from an “outperform” rating to a “sector perform” rating and set a C$77.00 price objective for the company. in a report on Friday, November 3rd. National Bank Financial increased their price objective on Maxar Technologies from C$73.00 to C$90.00 and gave the stock a “sector perform” rating in a report on Thursday, October 26th. BMO Capital Markets increased their price objective on Maxar Technologies from C$81.00 to C$89.00 in a report on Friday, November 3rd. Finally, TD Securities increased their price objective on Maxar Technologies from C$84.00 to C$87.00 in a report on Tuesday, October 10th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of C$90.00.
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Maxar Technologies Company Profile
Maxar Technologies Ltd., a communications and information company, provides operational solutions to commercial and government organizations worldwide. The company operates in two segments, Communications, and Surveillance and Intelligence. The Communications segment offers solutions for the delivery of a range of services, including television and radio distribution, broadband Internet, and mobile communications.
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