Stantec Inc. (STN) To Go Ex-Dividend on September 29th

Stantec Inc. (TSE:STN) (NYSE:STN) announced a quarterly dividend on Tuesday, September 29th. Shareholders of record on Thursday, October 15th will be given a dividend of $0.2450 per share on Thursday, October 15th. This represents a $0.98 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 29th.

Stantec Price Performance

Shares of STN traded up C$0.89 during trading hours on Friday, hitting C$97.72. 409,122 shares of the stock were exchanged, compared to its average volume of 463,750. The stock’s 50-day moving average price is C$100.21 and its two-hundred day moving average price is C$107.24. The company has a market cap of C$10.98 billion, a price-to-earnings ratio of 22.06, a price-to-earnings-growth ratio of 1.46 and a beta of 0.73. The company has a debt-to-equity ratio of 80.98, a quick ratio of 1.46 and a current ratio of 1.50. Stantec has a 12-month low of C$93.28 and a 12-month high of C$160.05.

Stantec (TSE:STN) (NYSE:STN) last posted its quarterly earnings results on Wednesday, August 12th. The company reported C$1.61 earnings per share for the quarter. Stantec had a net margin of 6.23% and a return on equity of 15.26%. The firm had revenue of C$2.23 billion for the quarter.

Insider Activity

In related news, Director Susan Reisbord acquired 2,068 shares of Stantec stock in a transaction on Monday, August 24th. The stock was purchased at an average cost of C$102.59 per share, with a total value of C$212,156.12. Following the purchase, the director directly owned 8,253 shares in the company, valued at approximately C$846,675.27. The trade was a 33.44% increase in their ownership of the stock. Also, Director Douglas Keith Ammerman purchased 681 shares of the business’s stock in a transaction dated Thursday, July 2nd. The shares were bought at an average price of C$97.84 per share, with a total value of C$66,629.04. Following the purchase, the director directly owned 42,512 shares of the company’s stock, valued at approximately C$4,159,374.08. The trade was a 1.63% increase in their ownership of the stock. Insiders own 0.27% of the company’s stock.

Stantec Company Profile

Stantec empowers clients, people, and communities to rise to the world’s greatest challenges at a time when the world faces more unprecedented concerns than ever before. We are a global leader in sustainable engineering, architecture, and environmental consulting. Our professionals deliver the expertise, technology, and innovation communities need to manage aging infrastructure, demographic and population changes, the energy transition, and more. Today’s communities transcend geographic borders.