Stantec Inc. (NYSE:STN – Get Free Report) (TSE:STN) declared a quarterly dividend on Wednesday, May 13th. Investors of record on Tuesday, June 30th will be paid a dividend of 0.245 per share by the business services provider on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Tuesday, June 30th.
Stantec has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 13 consecutive years. Stantec has a dividend payout ratio of 16.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Stantec to earn $4.90 per share next year, which means the company should continue to be able to cover its $0.71 annual dividend with an expected future payout ratio of 14.5%.
Stantec Stock Performance
NYSE STN opened at $69.35 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.35 and a quick ratio of 1.35. Stantec has a 1-year low of $66.94 and a 1-year high of $114.51. The business has a 50 day simple moving average of $78.86 and a two-hundred day simple moving average of $88.37. The stock has a market capitalization of $7.91 billion, a PE ratio of 22.23 and a beta of 0.98.
About Stantec
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.
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