Stella-Jones Inc (SJ) Plans Quarterly Dividend of $0.11

Stella-Jones Inc (TSE:SJ) declared a quarterly dividend on Friday, November 3rd, Zacks reports. Stockholders of record on Monday, December 4th will be given a dividend of 0.11 per share on Thursday, December 21st. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date is Friday, December 1st.

Stella-Jones (TSE:SJ) opened at C$50.56 on Friday. Stella-Jones has a 52-week low of C$37.17 and a 52-week high of C$51.35.

In other Stella-Jones news, Director Glen Ritchie sold 1,000 shares of the business’s stock in a transaction on Friday, September 22nd. The shares were sold at an average price of C$48.70, for a total value of C$48,700.00.

SJ has been the topic of a number of research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a C$56.00 target price on shares of Stella-Jones in a research report on Tuesday, October 17th. Scotiabank boosted their target price on shares of Stella-Jones from C$45.00 to C$47.00 and gave the stock a “sector perform” rating in a research report on Monday, November 6th. National Bank Financial boosted their target price on shares of Stella-Jones from C$48.00 to C$52.00 and gave the stock a “sector perform” rating in a research report on Tuesday, October 17th. TD Securities boosted their target price on shares of Stella-Jones from C$48.00 to C$49.00 and gave the stock a “hold” rating in a research report on Friday, November 17th. Finally, Acumen Capital boosted their target price on shares of Stella-Jones from C$50.50 to C$55.00 and gave the stock a “buy” rating in a research report on Wednesday. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of C$49.25.

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About Stella-Jones

Stella-Jones Inc is a Canada-based company, which is a producer and marketer of pressure treated wood products. The Company supplies North America’s railroad operators with railway ties and timbers, and the continent’s electrical utilities and telecommunication companies with utility poles. It manufactures and distributes residential lumber and accessories to retailers for outdoor applications, as well as industrial products, which include marine and foundation pilings, construction timbers, wood for bridges and coal tar-based products.

Dividend History for Stella-Jones (TSE:SJ)

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