Stantec Inc. Plans Quarterly Dividend of C$0.25 (NYSE:STN)

Stantec Inc. (NYSE:STNGet Free Report) (TSE:STN) declared a quarterly dividend on Wednesday, May 13th. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.245 per share by the business services provider on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Tuesday, June 30th.

Stantec has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 13 years. Stantec has a payout ratio of 16.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Stantec to earn $4.92 per share next year, which means the company should continue to be able to cover its $0.70 annual dividend with an expected future payout ratio of 14.2%.

Stantec Stock Performance

Shares of NYSE STN opened at $78.01 on Thursday. The stock has a fifty day moving average price of $88.82 and a two-hundred day moving average price of $94.95. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.23 and a current ratio of 1.23. The firm has a market cap of $8.90 billion, a P/E ratio of 25.83 and a beta of 1.06. Stantec has a 1 year low of $77.41 and a 1 year high of $114.51.

Stantec (NYSE:STNGet Free Report) (TSE:STN) last issued its quarterly earnings results on Wednesday, February 25th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.03. The firm had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.65 billion. Stantec had a return on equity of 17.56% and a net margin of 5.90%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Research analysts forecast that Stantec will post 4.47 EPS for the current fiscal year.

About Stantec

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Stantec is a global design and consulting firm offering professional services in engineering, architecture, and environmental sciences. The company partners with public and private clients to deliver solutions spanning infrastructure, water, energy and resources, and community development. Through an integrated approach, Stantec manages projects from initial planning and conceptual design through construction and commissioning, focusing on sustainability and innovation.

The firm’s service portfolio includes civil infrastructure design, building systems engineering, environmental assessments, and project management.

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Dividend History for Stantec (NYSE:STN)

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