Maxar Technologies Ltd (TSE:MAXR) announced a quarterly dividend on Thursday, November 2nd, Zacks reports. Investors of record on Friday, December 15th will be given a dividend of 0.37 per share on Friday, December 29th. This represents a $1.48 annualized dividend and a yield of 1.83%. The ex-dividend date is Thursday, December 14th.
Shares of Maxar Technologies (TSE MAXR) opened at C$80.92 on Monday. The stock has a market capitalization of $4,540.00, a PE ratio of 38.17 and a beta of 0.31. Maxar Technologies has a 52 week low of C$70.13 and a 52 week high of C$86.67.
A number of research analysts have recently weighed in on MAXR shares. CIBC lifted their price objective on Maxar Technologies from C$83.00 to C$90.00 in a research report on Friday, October 6th. TD Securities lifted their price objective on Maxar Technologies from C$84.00 to C$87.00 in a research report on Tuesday, October 10th. National Bank Financial lifted their price objective on Maxar Technologies from C$73.00 to C$90.00 and gave the company a “sector perform” rating in a research report on Thursday, October 26th. Canaccord Genuity boosted their price target on Maxar Technologies from C$80.00 to C$90.00 in a report on Friday, November 3rd. Finally, BMO Capital Markets boosted their price target on Maxar Technologies from C$81.00 to C$89.00 in a report on Friday, November 3rd. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Maxar Technologies has an average rating of “Buy” and an average target price of C$90.00.
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About Maxar Technologies
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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