Stantec Inc (NYSE:STN) will begin trading ex-dividend on September 29, 2020. The quarterly dividend payment of $ 0.155 per share is scheduled to be paid on October 15, 2020. The dividend yield based on the latest trading day closing price was 2.07 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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Stantec Inc recently reported second quarter financial results on August 5, 2020, after market close, the Edmonton based company recorded income for the second quarter of $ 0.38 per share, from the revenue of $ 686.03 million. The quarterly earnings hiked 107.60 percent while revenues compared with the same quarter last year.
Street analysts expected Stantec Inc recently reported second quarter financial results on August 5, 2020, after market close, the Edmonton based company to report income of $ 0.35 per share on revenue of $ 693.81 million for the second quarter. The bottom line results beat street analysts by $ 0.03 or 8.57 percent, at the same time, top line results fell short of analysts by $ 7.78 million or 1.12 percent.
Stock Performance
Shares of Stantec Inc traded up $ 0.20 or 0.67 percent on Friday, reaching $ 29.91 with volume of 149.80 thousand shares. Stantec Inc has traded high as $ 29.97 and has cracked $ 29.43 on the downward trend
According to the previous trading day, closing price of $ 29.91, representing a 41.54 % increase from the 52 week low of $ 20.99 and a 12.13 % decrease over the 52 week high of $ 33.81.
The company has a market capital of $ 3.33 billion and is part of the Industrials sector and Engineering & Construction industry.
Stantec Inc. provides professional consulting services in the area of infrastructure and facilities for clients in the public and private sectors in Canada, the United States, and internationally. It operates through three segments: Consulting Services Canada, Consulting Services United States, and Consulting Services Global.
