Stantec Inc. (NYSE:STN) Shareholders to Receive C$0.24 Quarterly Dividend

Stantec Inc. (NYSE:STN) (TSE:STN) declared a quarterly dividend on Thursday, November 12th. Investors of record on Thursday, December 31st will be paid a dividend of C$0.24 per share by the business services provider on Friday, January 15th. This represents a $0.98 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, December 31st.

Stantec has increased its dividend payment by an average of 0.1% annually over the last three years and has raised its dividend annually for the last 13 consecutive years. Stantec has a dividend payout ratio of 16.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Stantec to earn $4.83 per share next year, which means the company should continue to be able to cover its $0.70 annual dividend with an expected future payout ratio of 14.5%.

Stantec Stock Up 15.6%

NYSE:STN traded up $11.75 during mid-day trading on Friday, hitting $86.88. 424,956 shares of the company’s stock traded hands, compared to its average volume of 379,422. The company has a fifty day moving average of $70.82 and a 200 day moving average of $78.65. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.50 and a current ratio of 1.50. Stantec has a twelve month low of $65.35 and a twelve month high of $108.40. The company has a market capitalization of $9.56 billion, a P/E ratio of 27.13 and a beta of 0.94.

Stantec (NYSE:STN) (TSE:STN) last issued its quarterly earnings results on Thursday, November 12th. The business services provider reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.09. Stantec had a return on equity of 19.70% and a net margin of 5.91%. The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.30 billion. Stantec has set its FY 2026 guidance at 4.430-4.510 EPS. On average, analysts forecast that Stantec will post 4.42 EPS for the current year.

Stantec Company Profile

Stantec is a global professional services firm that provides engineering, architecture, environmental consulting, and related services. Its work supports the planning, design, and delivery of projects in areas including water, transportation, buildings, energy, and community development. Founded in Edmonton, Alberta, in 1954 as D.R. Stanley Associates, the company later adopted the Stantec name. It is headquartered in Edmonton and serves public- and private-sector clients across North America and in international markets.