Stantec Inc. (NYSE:STN) Declares Dividend Increase – C$0.25 Per Share

Stantec Inc. (NYSE:STN) (TSE:STN) announced a quarterly dividend on Wednesday, February 25th. Shareholders of record on Tuesday, March 31st will be paid a dividend of 0.245 per share by the business services provider on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a 8.9% increase from Stantec’s previous quarterly dividend of $0.23.

Stantec has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 13 years. Stantec has a dividend payout ratio of 15.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Stantec to earn $3.45 per share next year, which means the company should continue to be able to cover its $0.65 annual dividend with an expected future payout ratio of 18.8%.

Stantec Stock Performance

STN stock traded up $3.81 during midday trading on Thursday, hitting $94.08. 458,579 shares of the company traded hands, compared to its average volume of 334,239. Stantec has a twelve month low of $77.07 and a twelve month high of $114.51. The stock has a market capitalization of $10.73 billion, a price-to-earnings ratio of 30.89 and a beta of 1.12. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.53. The business has a 50 day simple moving average of $96.42 and a 200-day simple moving average of $102.58.

Stantec (NYSE:STN) (TSE:STN) last posted its quarterly earnings data on Wednesday, February 25th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.03. Stantec had a net margin of 6.06% and a return on equity of 17.37%. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.65 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, equities research analysts predict that Stantec will post 3.05 earnings per share for the current year.

Stantec Company Profile

Stantec is a global design and consulting firm offering professional services in engineering, architecture, and environmental sciences. The company partners with public and private clients to deliver solutions spanning infrastructure, water, energy and resources, and community development. Through an integrated approach, Stantec manages projects from initial planning and conceptual design through construction and commissioning, focusing on sustainability and innovation.

The firm’s service portfolio includes civil infrastructure design, building systems engineering, environmental assessments, and project management.