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 paid 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 of this dividend is Thursday, December 28th.

Stantec (STN) opened at C$35.10 on Wednesday. Stantec has a 12 month low of C$30.24 and a 12 month high of C$37.13. The stock has a market capitalization of $4,000.00, a PE ratio of 34.75 and a beta of 1.22.

Several brokerages have recently issued reports on STN. Desjardins raised their price objective on Stantec from C$39.00 to C$43.00 in a research note on Monday, November 13th. CIBC raised their price objective on Stantec from C$37.00 to C$38.00 in a research note on Monday, November 13th. Canaccord Genuity raised their price objective on Stantec from C$34.00 to C$36.00 in a research note on Tuesday, October 31st. National Bank Financial reduced their price objective on Stantec from C$42.00 to C$39.00 and set an “outperform” rating for the company in a research note on Friday, December 1st. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a C$40.00 price target on shares of Stantec in a research report on Monday, October 23rd. Two 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.

In related news, Director Carl Frank Clayton sold 10,000 shares of Stantec stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of C$35.10, for a total transaction of C$351,000.00.

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About Stantec

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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