Bird Construction Inc. (BDT) to Issue Monthly Dividend of $0.07 on December 20th

Bird Construction Inc. (TSE:BDT) declared a monthly dividend on Friday, November 29th,TickerTech Dividends reports. Investors of record on Friday, December 20th will be paid a dividend of 0.07 per share on Friday, December 20th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date is Friday, November 29th. This is a boost from Bird Construction’s previous monthly dividend of $0.05.

Bird Construction Stock Performance

BDT stock traded up C$0.03 during mid-day trading on Wednesday, hitting C$30.41. The company had a trading volume of 29,006 shares, compared to its average volume of 149,058. Bird Construction has a 12 month low of C$11.64 and a 12 month high of C$32.67. The stock’s fifty day moving average price is C$27.78 and its two-hundred day moving average price is C$25.25. The firm has a market cap of C$1.68 billion, a PE ratio of 19.47, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05. The company has a debt-to-equity ratio of 70.40, a quick ratio of 1.20 and a current ratio of 1.25.

Bird Construction (TSE:BDT) last posted its quarterly earnings data on Tuesday, November 5th. The company reported C$0.69 EPS for the quarter, beating the consensus estimate of C$0.67 by C$0.02. Bird Construction had a return on equity of 26.97% and a net margin of 2.68%. The business had revenue of C$898.94 million for the quarter, compared to the consensus estimate of C$961.37 million. On average, analysts forecast that Bird Construction will post 2.7598533 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Raymond James upped their price objective on shares of Bird Construction from C$30.00 to C$35.00 in a report on Thursday, October 10th. Cibc World Mkts upgraded shares of Bird Construction to a “hold” rating in a research note on Friday, August 9th. TD Securities increased their target price on Bird Construction from C$31.00 to C$36.00 in a research report on Thursday, October 10th. ATB Capital lifted their price target on Bird Construction from C$33.00 to C$35.00 in a research report on Thursday, October 10th. Finally, National Bankshares increased their price objective on Bird Construction from C$23.00 to C$28.00 in a report on Thursday, October 10th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$32.44.

Bird Construction Company Profile

Bird Construction Inc provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication.