WSP Global Inc. to Issue Quarterly Dividend of $0.38 (TSE:WSP)

WSP Global Inc. (TSE:WSP) announced a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.375 per share on Tuesday, April 15th. This represents a $1.50 annualized dividend and a yield of 0.62%. The ex-dividend date is Monday, March 31st.

WSP Global Stock Down 3.2 %

WSP stock traded down C$7.87 during midday trading on Friday, hitting C$241.07. The company’s stock had a trading volume of 245,586 shares, compared to its average volume of 237,423. The firm has a 50-day simple moving average of C$250.63 and a 200-day simple moving average of C$246.89. The firm has a market capitalization of C$31.10 billion, a P/E ratio of 46.07, a PEG ratio of 1.09 and a beta of 0.82. The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 80.45. WSP Global has a 52-week low of C$201.24 and a 52-week high of C$264.87.

Insider Activity at WSP Global

In other WSP Global news, Director Macky Tall purchased 2,056 shares of WSP Global stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average price of C$243.94 per share, for a total transaction of C$501,540.64. Insiders own 0.06% of the company’s stock.

Wall Street Analyst Weigh In

WSP has been the subject of a number of analyst reports. CIBC boosted their price objective on WSP Global from C$293.00 to C$295.00 in a research report on Friday, February 28th. TD Securities boosted their price target on shares of WSP Global from C$300.00 to C$305.00 and gave the stock a “buy” rating in a report on Friday, February 14th. UBS Group raised their price objective on shares of WSP Global from C$274.00 to C$285.00 in a report on Wednesday, March 5th. Stifel Nicolaus boosted their target price on shares of WSP Global from C$295.00 to C$310.00 in a research note on Tuesday, February 18th. Finally, BMO Capital Markets increased their target price on WSP Global from C$284.00 to C$294.00 in a report on Thursday, February 27th. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, WSP Global has an average rating of “Buy” and an average target price of C$284.85.

About WSP Global

WSP Global Inc provides engineering and design services to clients in the Transportation & Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( US and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).