Stantec Inc. (TSE:STN) (NYSE:STN) declared a quarterly dividend on Wednesday, November 8th, Zacks reports. Stockholders 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 dividend yield of 1.42%. The ex-dividend date is Thursday, December 28th.

Stantec (TSE STN) traded down C$0.04 during trading on Friday, hitting C$35.10. 36,300 shares of the stock traded hands, compared to its average volume of 203,429. The company has a market capitalization of $4,000.00, a PE ratio of 34.75 and a beta of 1.22. Stantec has a twelve month low of C$30.24 and a twelve month high of C$37.13.

In related news, Director Carl Frank Clayton sold 10,000 shares of the 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 transaction of C$351,000.00.

Several research analysts have recently issued reports on STN shares. Canaccord Genuity increased their price objective on shares of Stantec from C$34.00 to C$36.00 in a report on Tuesday, October 31st. CIBC increased their target price on shares of Stantec from C$37.00 to C$38.00 in a research note on Monday, November 13th. Desjardins increased their target price on shares of Stantec from C$39.00 to C$43.00 in a research note on Monday, November 13th. Scotiabank reissued an “outperform” rating and set a C$40.00 target price on shares of Stantec in a research note on Friday, November 10th. Finally, Raymond James Financial increased their target price on shares of Stantec from C$38.00 to C$41.00 and gave the company an “outperform” rating in a research note on Friday, November 10th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of C$39.38.

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Stantec Company Profile

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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