Stantec Inc. (STN) Plans Quarterly Dividend of $0.13

Stantec Inc. (TSE:STN) (NYSE:STN) announced a quarterly dividend on Wednesday, November 8th, Zacks reports. Investors of record on Friday, December 29th will be given a dividend of 0.125 per share on Thursday, January 11th. This represents a $0.50 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend is Thursday, December 28th.

Shares of Stantec (TSE:STN) opened at C$35.14 on Monday. The company has a market cap of $4,000.00, a PE ratio of 34.79 and a beta of 1.22. Stantec has a 52 week low of C$30.24 and a 52 week high of C$37.13.

In other Stantec news, Director Carl Frank Clayton sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of C$35.10, for a total value of C$351,000.00.

Several research firms have recently weighed in on STN. Canaccord Genuity boosted their price objective on shares of Stantec from C$34.00 to C$36.00 in a report on Tuesday, October 31st. CIBC boosted their price objective on shares of Stantec from C$37.00 to C$38.00 in a report on Monday, November 13th. Desjardins upped their target price on shares of Stantec from C$39.00 to C$43.00 in a report on Monday, November 13th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a C$40.00 target price on shares of Stantec in a report on Monday, October 23rd. Finally, Scotiabank reaffirmed an “outperform” rating and set a C$40.00 target price on shares of Stantec in a report on Friday, November 10th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of C$39.38.

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About Stantec

Stantec Inc is a provider of professional services in the area of infrastructure and facilities for clients in the public and private sectors. The Company’s operates through four segments Consulting Services-Canada, Consulting Services-United States, Consulting Services-Global and Construction Services.

Dividend History for Stantec (TSE:STN)

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