Bird Construction Inc. (TSE:BDT) Announces $0.07 Monthly Dividend

Bird Construction Inc. (TSE:BDT - Get Free Report) announced a monthly dividend on Wednesday, April 30th, TickerTech Dividends reports. Stockholders of record on Tuesday, May 20th will be given a dividend of 0.07 per share on Tuesday, May 20th. This represents a $0.84 annualized dividend and a dividend yield of 3.63%. The ex-dividend date of this dividend is Wednesday, April 30th.

Bird Construction Stock Performance

TSE BDT traded up C$0.93 on Friday, reaching C$23.11. 194,066 shares of the company's stock traded hands, compared to its average volume of 207,685. The stock has a 50 day moving average price of C$21.04 and a 200-day moving average price of C$24.85. The firm has a market cap of C$1.29 billion, a price-to-earnings ratio of 13.99, a P/E/G ratio of 0.53 and a beta of 1.05. The company has a debt-to-equity ratio of 74.70, a quick ratio of 1.20 and a current ratio of 1.25. Bird Construction has a fifty-two week low of C$17.52 and a fifty-two week high of C$32.67.

Analysts Set New Price Targets

BDT has been the subject of several recent research reports. Stifel Nicolaus reduced their price target on Bird Construction from C$37.00 to C$34.50 and set a "buy" rating for the company in a research report on Thursday, April 17th. Raymond James upgraded shares of Bird Construction from an "outperform" rating to a "strong-buy" rating and set a C$35.00 target price for the company in a research note on Tuesday, April 22nd. TD Securities dropped their price target on shares of Bird Construction from C$36.00 to C$33.00 and set a "buy" rating on the stock in a research report on Tuesday, March 18th. BMO Capital Markets decreased their price objective on shares of Bird Construction from C$30.00 to C$28.00 in a research report on Thursday, April 17th. Finally, Canaccord Genuity Group dropped their target price on Bird Construction from C$36.00 to C$35.00 and set a "buy" rating on the stock in a research report on Friday, March 14th. Two research analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of C$31.61.

Bird Construction Company Profile

Bird Construction Inc operates as a general contractor in the Canadian construction market. The company focuses primarily on projects in the industrial, commercial and institutional sectors of the general contracting industry. It provides construction services such as new construction for industrial, commercial, and institutional markets; industrial maintenance, repair and operations (MRO) services, heavy civil construction and contract surface mining; as well as vertical infrastructure including, electrical, mechanical, and specialty trades.