Tecsys Inc. (TSE:TCS) Announces $0.05 Quarterly Dividend

Tecsys Inc. (TSE:TCS) declared a quarterly dividend on Thursday, March 1st, Zacks reports. Investors of record on Thursday, March 22nd will be given a dividend of 0.05 per share on Thursday, April 12th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend is Wednesday, March 21st.

TCS stock remained flat at $C$16.10 during midday trading on Friday. 19,250 shares of the company’s stock traded hands, compared to its average volume of 6,357. Tecsys has a 52 week low of C$10.65 and a 52 week high of C$18.48.

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Tecsys (TSE:TCS) last announced its quarterly earnings data on Thursday, March 1st. The company reported C$0.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.12 by C($0.06). Tecsys had a net margin of 7.50% and a return on equity of 13.11%. The firm had revenue of C$17.23 million during the quarter, compared to analyst estimates of C$18.55 million.

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Tecsys Company Profile

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 EliteSeries, an enterprise supply chain platform comprising warehouse management, distribution and transportation management, supply management at point-of-use, and analytics solutions; and EliteSeries Warehouse Management Systems for IBM System i that is designed to manage various activities in the warehouse, such as receiving, putaway, cross docking, replenishment, order planning, load building, pallet building, picking, packing, kitting, shipping, cycle counting, returns management, quality control, freight management, labour management, and warehouse planning.

Dividend History for Tecsys (TSE:TCS)

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