CGI Group, Inc. (TSE:GIB) Announces Dividend of $0.15

by · The Markets Daily

CGI Group, Inc. (TSE:GIB – Get Free Report) announced a dividend on Tuesday, November 5th, Zacks reports. Stockholders of record on Wednesday, November 20th will be given a dividend of 0.15 per share on Friday, December 20th. The ex-dividend date is Wednesday, November 20th.

CGI Group Price Performance

CGI Group (TSE:GIB – Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$1.92 earnings per share for the quarter, missing analysts’ consensus estimates of C$2.04 by C($0.12). The firm had revenue of C$3.66 billion during the quarter, compared to analysts’ expectations of C$3.63 billion.

Analyst Ratings Changes

A number of equities analysts recently issued reports on GIB shares. UBS Group upgraded CGI Group to a “hold” rating in a research note on Friday, July 19th. Sanford C. Bernstein upgraded CGI Group to a “strong-buy” rating in a research note on Thursday, August 1st. Finally, Cibc World Mkts upgraded CGI Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 15th.

Check Out Our Latest Research Report on CGI Group

About CGI Group

(Get Free Report)

CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services in Canada; Western, Southern, Central, and Eastern Europe; Australia; Scandinavia; Finland, Poland, and Baltics; the United States; the United Kingdom; and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities.

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