WSP Global Inc. (WSP) to Issue Quarterly Dividend of $0.38 on April 15th

WSP Global Inc. (TSE:WSP) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.375 per share on Tuesday, April 15th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date of this dividend is Monday, March 31st.

WSP Global Trading Down 3.2 %

WSP Global stock traded down C$7.87 during midday trading on Friday, reaching C$241.07. The stock had a trading volume of 245,586 shares, compared to its average volume of 237,423. WSP Global has a 52-week low of C$201.24 and a 52-week high of C$264.87. The company has a fifty day moving average of C$250.63 and a 200 day moving average of C$246.89. The firm has a market cap of C$31.10 billion, a price-to-earnings ratio of 46.07, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82. The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 80.45.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Canaccord Genuity Group boosted their price objective on WSP Global from C$290.00 to C$305.00 in a report on Friday, February 28th. Stifel Nicolaus upped their price target on shares of WSP Global from C$295.00 to C$310.00 in a report on Tuesday, February 18th. Scotiabank lifted their price objective on shares of WSP Global from C$281.00 to C$283.00 in a report on Wednesday, February 19th. TD Securities upped their target price on shares of WSP Global from C$300.00 to C$305.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Finally, BMO Capital Markets lifted their price target on shares of WSP Global from C$284.00 to C$294.00 in a research note on Thursday, February 27th. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, WSP Global currently has a consensus rating of “Buy” and a consensus price target of C$284.85.

Insider Activity at WSP Global

In other WSP Global news, Director Macky Tall purchased 2,056 shares of the stock in a transaction on Thursday, March 6th. The shares were bought at an average cost of C$243.94 per share, with a total value of C$501,540.64. 0.06% of the stock is owned by insiders.

WSP Global Company Profile

WSP Global Inc provides engineering and design services to clients in the Transportation & Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( US and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).