tiprankstipranks
Company Announcements

DATA Communications Management Announces Dividend Program and Special Dividend

Story Highlights
  • DCM initiates a dividend program, declaring a special cash dividend of $0.20 per share.
  • The move reflects confidence in growth, following Moore Canada’s integration and expected cash flow improvements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
DATA Communications Management Announces Dividend Program and Special Dividend

Discover the Best Stocks and Maximize Your Portfolio:

Data Commun Management ( (TSE:DCM) ) has issued an update.

DATA Communications Management Corp. announced the initiation of a dividend program, declaring a special cash dividend of $0.20 per share and a regular quarterly dividend of $0.025 per share. This decision reflects confidence in the company’s growth potential and cash flow capabilities following the integration of Moore Canada Corporation. The dividend program highlights the company’s improved financial leverage and is expected to enhance shareholder returns.

More about Data Commun Management

DATA Communications Management Corp. (DCM) is a leading Canadian company specializing in print and digital solutions designed to simplify complex marketing communications and operational workflows. Serving over 2,500 clients, including 70 of Canada’s top 100 corporations and key government agencies, DCM excels in providing customized services like personalized printing, marketing communications, campaign management, digital signage, and digital asset management.

YTD Price Performance: -15.24%

Average Trading Volume: 70,432

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$101.8M

For detailed information about DCM stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1