Student Transportation Inc. (STB) Plans $0.04 Monthly Dividend
Student Transportation Inc. (TSE:STB) (NASDAQ:STB) declared a monthly dividend on Monday, October 30th, TickerTech reports. Stockholders of record on Wednesday, November 15th will be paid a dividend of 0.0367 per share on Wednesday, November 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 5.86%. The ex-dividend date of this dividend is Monday, October 30th.
Shares of Student Transportation (TSE STB) remained flat at $7.51 during trading on Wednesday. The company had a trading volume of 29,271 shares. The stock’s 50-day moving average price is $7.40 and its 200-day moving average price is $7.69. The company has a market cap of $710.68 million and a PE ratio of 107.29. Student Transportation has a 1-year low of $6.98 and a 1-year high of $8.25.
Several brokerages recently issued reports on STB. BMO Capital Markets cut their price target on Student Transportation from C$8.25 to C$7.60 in a research note on Saturday, September 23rd. National Bank Financial upgraded 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 research note on Thursday, September 21st. Finally, Scotiabank cut their price target on 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.
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Student Transportation Company Profile
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.
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