SNC-Lavalin Group Inc (SNC) to Issue Quarterly Dividend of C$0.26 on December 1st
SNC-Lavalin Group Inc (TSE:SNC) announced a quarterly dividend on Tuesday, November 15th. Shareholders of record on Thursday, December 1st will be given a dividend of 0.26 per share on Thursday, December 1st. This represents a $1.04 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date is Tuesday, November 15th.
Shares of SNC-Lavalin Group (TSE:SNC) opened at 55.85 on Monday. The stock has a market capitalization of $8.39 billion and a P/E ratio of 27.69. SNC-Lavalin Group has a 52-week low of $36.47 and a 52-week high of $58.46. The firm has a 50-day moving average price of $53.27 and a 200-day moving average price of $53.51.
A number of research analysts have weighed in on SNC shares. TD Securities reiterated a “buy” rating and set a C$66.00 target price on shares of SNC-Lavalin Group in a report on Monday, October 31st. Royal Bank Of Canada reduced their target price on SNC-Lavalin Group from C$63.00 to C$62.00 and set an “outperform” rating on the stock in a report on Friday, September 30th. CIBC upgraded SNC-Lavalin Group from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from C$55.00 to C$63.00 in a report on Thursday, September 15th. Scotiabank reiterated an “outperform” rating and set a C$63.00 target price on shares of SNC-Lavalin Group in a report on Friday, September 30th. Finally, National Bank Financial upped their target price on SNC-Lavalin Group from C$58.50 to C$63.50 in a report on Tuesday, July 19th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of C$61.40.
SNC-Lavalin Group Company Profile
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