ATCO Ltd. Declares Quarterly Dividend of C$0.22 (ACO.X)
ATCO (TSE:ACO.X) announced a Quarterly dividend on Friday, September 5th, Analyst RN reports. Shareholders of record on Tuesday, September 30th will be paid a dividend of 0.215 per share on Tuesday, September 30th. This represents a dividend yield of 1.83%. The ex-dividend date is Friday, September 5th.
A number of analysts have recently weighed in on ACO.X shares. Analysts at CIBC cut their price target on shares of ATCO from C$53.00 to C$52.00 in a research note on Thursday, July 31st. They now have a “sector perform” rating on the stock. On the ratings front, analysts at BMO Capital Markets cut their price target on shares of ATCO from C$54.00 to C$52.00 in a research note on Wednesday, July 30th. They now have a “market perform” rating on the stock. Finally, analysts at TD Securities cut their price target on shares of ATCO from C$60.00 to C$59.00 in a research note on Tuesday, July 29th. They now have a “buy” rating on the stock. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of C$52.83.
ATCO Ltd. is engaged in structures and logistics, utilities, energy and technologies. The Structures & Logistics segment includes the manufacture, sale and lease of transportable workforce housing and space rentals products.
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