Student Transportation Inc. to Issue Monthly Dividend of $0.04 (STB)
Student Transportation Inc. (TSE:STB) (NASDAQ:STB) declared a monthly dividend on Wednesday, November 29th, TickerTech reports. Shareholders of record on Friday, December 15th will be given a dividend of 0.0367 per share on Friday, December 15th. This represents a $0.44 dividend on an annualized basis and a yield of 5.96%. The ex-dividend date of this dividend is Wednesday, November 29th.
Student Transportation (TSE:STB) opened at C$7.39 on Friday. Student Transportation has a one year low of C$6.98 and a one year high of C$8.25.
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A number of research analysts have issued reports on the stock. Scotiabank reduced their target price on shares of Student Transportation from C$8.25 to C$8.00 and set a “sector perform” rating for the company in a research note on Saturday, September 23rd. BMO Capital Markets reduced their price target on shares of Student Transportation from C$8.25 to C$7.60 in a research note on Saturday, September 23rd. Finally, National Bank Financial raised shares of Student Transportation from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from C$8.50 to C$9.50 in a research note on Thursday, September 21st.
Student Transportation Inc is a Canada-based company engaged in providing school bus transportation services in North America. The Company provides school bus and management services to public and private schools in North America and offers services, such as contracted services, special needs transportation, charter services, direct to parent and used bus sales.
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