WSP Global Inc. Declares Quarterly Dividend of $0.38 (TSE:WSP)

WSP Global Inc. (TSE:WSP) declared a quarterly dividend on Tuesday, June 30th, TickerTech Dividends reports. Shareholders of record on Wednesday, July 15th will be given a dividend of 0.375 per share on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, June 30th.

WSP Global Stock Performance

Shares of TSE WSP opened at C$178.21 on Friday. WSP Global has a 12-month low of C$170.85 and a 12-month high of C$291.46. The company has a market cap of C$24.03 billion, a PE ratio of 24.31, a P/E/G ratio of 1.09 and a beta of 0.20. The stock has a 50 day simple moving average of C$198.79 and a 200-day simple moving average of C$226.05. The company has a current ratio of 1.19, a quick ratio of 1.04 and a debt-to-equity ratio of 87.04.

WSP Global (TSE:WSP) last announced its earnings results on Wednesday, May 6th. The company reported C$2.21 earnings per share (EPS) for the quarter. WSP Global had a net margin of 5.23% and a return on equity of 10.39%. The firm had revenue of C$4.55 billion during the quarter. On average, equities research analysts forecast that WSP Global will post 9.5687404 EPS for the current year.

Analyst Ratings Changes

Several research firms have issued reports on WSP. Stifel Nicolaus dropped their price target on WSP Global from C$320.00 to C$280.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Scotiabank raised their price objective on WSP Global from C$284.00 to C$286.00 and gave the stock an “outperform” rating in a research note on Monday, April 13th. TD decreased their target price on WSP Global from C$308.00 to C$307.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. National Bank Financial boosted their target price on WSP Global from C$268.00 to C$272.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Finally, ATB Cormark Capital Markets reduced their target price on WSP Global from C$335.00 to C$330.00 and set an “outperform” rating for the company in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of C$313.42.

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).