Computer Task Group(NASDAQ:CTG) Declares Dividend of $0.0600.

Computer Task Group (NASDAQ:CTG) had declared a cash dividend of $0.0600 on Sep 15, 2016. The shares will quote ex-dividend on Sep 22, 2016 and the record date has been fixed for Sep 26, 2016. On Sep 15, 2016 share price, the yield comes out to be 5.2632%. The dividend payable date has been fixed on Oct 7, 2016.

Computer Task Group (CTG) made into the market gainers list on Tuesdays trading session with the shares advancing 0.88% or 0.04 points. Due to strong positive momentum, the stock ended at $4.58, which is also near the day’s high of $4.71. The stock began the session at $4.54 and the volume stood at 56,406 shares. The 52-week high of the shares is $7.716 and the 52 week low is $4.51. The company has a current market capitalization of $75 M and it has 1,63,65,977 shares in outstanding.

Computer Task Group(CTG) last announced its earnings results on Jul 26, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $83.49M. Analysts had an estimated revenue of $85.77M. Earnings per share were $0.08. Analysts had estimated an EPS of $0.04.

Several Insider Transactions has been reported to the SEC. On Jan 8, 2016, Filip J L Gyde (Senior Vice President) sold 6,318 shares at $6.51 per share price.Also, On Nov 13, 2015, Brendan M Harrington (Chief Financial Officer, SVP) sold 2,518 shares at $6.76 per share price.On Jul 31, 2015, Daniel J Sullivan (director) purchased 5,000 shares at $7.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Computer Task Group Incorporated (CTG) is an information technology (IT) solutions and staffing services company with operations in North America and Europe. The Company is engaged in providing IT services including IT Solutions and IT Staffing. CTG’s delivery of services includes the selection and implementation of packaged software and the design development testing and integration of new systems and the development and implementation of software and solutions designed for a specific client or vertical market. CTG recruits retains and manages IT and other talent for its clients including technology service providers and companies with multiple locations and need for external IT administrative or warehouse resources. CTG provides these primary services to four vertical market focus areas: healthcare which includes services provided to healthcare providers health insurers (payers) and life sciences companies; technology service providers; financial services and energy.

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