Shawcor Ltd (SCL) Declares Quarterly Dividend of C$0.15
Shawcor (TSE:SCL) declared a Quarterly dividend on Wednesday, May 14th, Analyst Ratings.Net reports. Shareholders of record on Friday, May 30th will be given a dividend of 0.15 per share on Friday, May 30th. This represents a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, May 14th.
A number of research firms have recently commented on SCL. Analysts at BMO Capital Markets raised their price target on shares of Shawcor from C$54.00 to C$65.00 in a research note on Tuesday. They now have an “outperform” rating on the stock. On the ratings front, analysts at TD Securities raised their price target on shares of Shawcor from C$55.00 to C$57.00 in a research note on Friday, May 9th. They now have a “hold” rating on the stock. Finally, analysts at RBC Capital raised their price target on shares of Shawcor from C$48.00 to C$55.00 in a research note on Monday, May 5th. They now have a “sector perform” rating on the stock.
Shares of Shawcor (TSE:SCL) opened at 55.74 on Wednesday. Shawcor has a 52-week low of $37.01 and a 52-week high of $56.24. The stock’s 50-day moving average is $48.90 and its 200-day moving average is $43.50. The company has a P/E ratio of 15.43.
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