Badger Infrastructure Solutions Ltd. Announces Quarterly Dividend of $0.18 (TSE:BDGI)

Badger Infrastructure Solutions Ltd. (TSE:BDGI) announced a quarterly dividend on Tuesday, December 31st,TickerTech Dividends reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.18 per share on Wednesday, January 15th. This represents a $0.72 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date of this dividend is Tuesday, December 31st.

Badger Infrastructure Solutions Price Performance

Shares of TSE BDGI opened at C$35.88 on Thursday. The company has a debt-to-equity ratio of 97.25, a quick ratio of 1.49 and a current ratio of 1.65. Badger Infrastructure Solutions has a fifty-two week low of C$34.85 and a fifty-two week high of C$51.50. The stock has a market cap of C$1.24 billion, a PE ratio of 21.88 and a beta of 1.14. The stock has a fifty day moving average of C$37.82 and a 200-day moving average of C$38.16.

Insider Activity at Badger Infrastructure Solutions

In other news, Director Stephanie Cuskley bought 1,000 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The stock was bought at an average price of C$38.97 per share, for a total transaction of C$38,971.20. 0.33% of the stock is owned by insiders.

Wall Street Analyst Weigh In

BDGI has been the topic of several analyst reports. Raymond James decreased their price target on Badger Infrastructure Solutions from C$50.00 to C$46.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. CIBC increased their target price on shares of Badger Infrastructure Solutions from C$49.00 to C$52.00 in a research note on Friday, December 13th. Finally, Stifel Nicolaus reduced their price target on shares of Badger Infrastructure Solutions from C$56.00 to C$51.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of C$49.64.

Badger Infrastructure Solutions Company Profile

Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquefy the soil cover, which is then removed with a vacuum system and deposited into a storage tank. The company offers daylighting services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; and debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal.