Stantec Inc. (TSE:STN) Shares to Pay Quarterly Dividend of $0.24

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

Stantec Stock Performance

STN stock traded up C$0.89 on Friday, hitting C$97.72. The company’s stock had a trading volume of 409,122 shares, compared to its average volume of 463,750. The firm has a 50 day moving average of C$100.21 and a two-hundred day moving average of C$107.24. Stantec has a 1 year low of C$93.28 and a 1 year high of C$160.05. The stock 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 current ratio of 1.50, a quick ratio of 1.46 and a debt-to-equity ratio of 80.98.

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

Insider Transactions at Stantec

In other news, Director Douglas Keith Ammerman acquired 681 shares of Stantec stock in a transaction that occurred on Thursday, July 2nd. The stock was purchased at an average price of C$97.84 per share, for a total transaction of C$66,629.04. Following the completion of the transaction, the director directly owned 42,512 shares in the company, valued at approximately C$4,159,374.08. This trade represents a 1.63% increase in their ownership of the stock. Also, Director Susan Reisbord acquired 2,068 shares of the stock in a transaction on Monday, August 24th. The stock was acquired at an average cost of C$102.59 per share, for a total transaction of C$212,156.12. Following the acquisition, the director directly owned 8,253 shares in the company, valued at C$846,675.27. This represents a 33.44% increase in their position. 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.