Stantec Inc. (STN) to Issue Quarterly Dividend of C$0.25 on July 15th

Stantec Inc. (NYSE:STN) (TSE:STN) announced a quarterly dividend on Wednesday, May 13th. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.245 per share by the business services provider on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Tuesday, June 30th.

Stantec has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 13 consecutive years. Stantec has a payout ratio of 16.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Stantec to earn $4.92 per share next year, which means the company should continue to be able to cover its $0.70 annual dividend with an expected future payout ratio of 14.2%.

Stantec Stock Down 6.6%

STN stock opened at $72.82 on Friday. Stantec has a 52 week low of $72.46 and a 52 week high of $114.51. The company has a market capitalization of $8.31 billion, a price-to-earnings ratio of 23.34 and a beta of 1.06. The firm’s 50-day moving average is $88.39 and its two-hundred day moving average is $94.68. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.47.

Stantec (NYSE:STN) (TSE:STN) last released its quarterly earnings results on Wednesday, May 13th. The business services provider reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.02. Stantec had a net margin of 5.92% and a return on equity of 17.48%. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. On average, analysts forecast that Stantec will post 4.47 earnings per share for the current fiscal year.

About Stantec

Stantec is a global design and consulting firm offering professional services in engineering, architecture, and environmental sciences. The company partners with public and private clients to deliver solutions spanning infrastructure, water, energy and resources, and community development. Through an integrated approach, Stantec manages projects from initial planning and conceptual design through construction and commissioning, focusing on sustainability and innovation.

The firm’s service portfolio includes civil infrastructure design, building systems engineering, environmental assessments, and project management.