Insider Buying: Stantec Inc. (STN) Director Buys 1,000 Shares of Stock
Stantec Inc. (TSE:STN) (NYSE:STN) Director Richard Bradeen bought 1,000 shares of the company’s stock in a transaction on Monday, November 19th. The shares were acquired at an average price of C$31.34 per share, for a total transaction of C$31,340.00.
TSE STN traded up C$0.11 on Monday, hitting C$31.17. 155,083 shares of the company’s stock were exchanged, compared to its average volume of 228,524. The company has a current ratio of 1.67, a quick ratio of 1.61 and a debt-to-equity ratio of 49.54. Stantec Inc. has a fifty-two week low of C$30.54 and a fifty-two week high of C$36.83.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 10th. Shareholders of record on Friday, December 28th will be given a dividend of $0.138 per share. This represents a $0.55 annualized dividend and a yield of 1.77%. The ex-dividend date is Thursday, December 27th. Stantec’s payout ratio is 88.11%.
Stantec Inc provides professional consulting services in the area of infrastructure and facilities for clients in the public and private sectors in Canada, the United States, and internationally. It operates through four segments: Consulting Services Canada, Consulting Services United States, Consulting Services Global, and Construction Services.
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