Student Transportation Inc. (STB) to Issue Monthly Dividend of $0.04
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 is Monday, October 30th.
Shares of Student Transportation (TSE STB) remained flat at $7.51 on Wednesday. 25,571 shares of the company traded hands. The firm has a market cap of $710.68 million and a PE ratio of 107.29. The firm’s 50 day moving average is $7.40 and its 200 day moving average is $7.69. Student Transportation has a 12-month low of $6.98 and a 12-month high of $8.25.
STB has been the topic of a number of research analyst reports. Scotiabank decreased their target price on Student Transportation from C$8.25 to C$8.00 and set a “sector perform” rating on the stock in a research report on Saturday, September 23rd. BMO Capital Markets decreased their target price on Student Transportation from C$8.25 to C$7.60 in a research report on Saturday, September 23rd. Finally, National Bank Financial upgraded Student Transportation from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from C$8.50 to C$9.50 in a research report on Thursday, September 21st.
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.
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