Student Transportation Inc. (TSE:STB) Announces $0.04 Monthly Dividend

Student Transportation Inc. (TSE:STB) (NASDAQ:STB) announced a monthly dividend on Thursday, December 28th, TickerTech reports. Stockholders of record on Monday, January 15th will be given a dividend of 0.0367 per share on Monday, January 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 5.69%. The ex-dividend date of this dividend is Thursday, December 28th.

Shares of Student Transportation (TSE STB) opened at C$7.74 on Monday. The stock has a market cap of $734.39, a P/E ratio of 64.50 and a beta of 0.35. Student Transportation has a 12 month low of C$6.98 and a 12 month high of C$8.25.

Several research firms have weighed in on STB. Scotiabank lowered their target price on shares of Student Transportation from C$8.25 to C$8.00 and set a “sector perform” rating for the company in a research note on Saturday, September 23rd. National Bank Financial raised shares of Student Transportation from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from C$8.50 to C$9.50 in a report on Thursday, September 21st. Finally, BMO Capital Markets reduced their price target on shares of Student Transportation from C$8.25 to C$7.60 in a report on Saturday, September 23rd.

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About Student Transportation

Student Transportation Inc is a Canada-based company engaged in providing school bus transportation services in North America. The Company provides school bus and management services to public and private schools in North America and offers services, such as contracted services, special needs transportation, charter services, direct to parent and used bus sales.

Dividend History for Student Transportation (TSE:STB)

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