Student Transportation Inc. Plans Monthly Dividend of $0.04 (STB)
Student Transportation Inc. (TSE:STB) (NASDAQ:STB) declared a monthly dividend on Thursday, December 28th, TickerTech reports. Shareholders of record on Monday, January 15th will be given a dividend of 0.0367 per share on Monday, January 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 5.62%. The ex-dividend date is Thursday, December 28th.
Student Transportation (TSE STB) traded up C$0.15 during midday trading on Friday, hitting C$7.84. The company’s stock had a trading volume of 154,300 shares, compared to its average volume of 154,335. The stock has a market cap of $729.64, a price-to-earnings ratio of 65.33 and a beta of 0.35. Student Transportation has a twelve month low of C$6.98 and a twelve month high of C$8.25.
STB has been the subject of a number of recent research reports. Scotiabank reduced their price objective on 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. National Bank Financial upgraded Student Transportation from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from C$8.50 to C$9.50 in a research note on Thursday, September 21st. Finally, BMO Capital Markets reduced their price objective on Student Transportation from C$8.25 to C$7.60 in a research note on Saturday, September 23rd.
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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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