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

WSP Global Inc. (TSE:WSP - Get Free Report) announced a quarterly dividend on Monday, June 30th, TickerTech Dividends reports. Shareholders of record on Tuesday, July 15th will be paid a dividend of 0.375 per share on Tuesday, July 15th. This represents a $1.50 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date is Monday, June 30th.

WSP Global Stock Up 0.9%

Shares of WSP Global stock traded up C$2.55 during trading hours on Friday, reaching C$276.64. The company's stock had a trading volume of 258,341 shares, compared to its average volume of 250,880. The company has a market capitalization of C$35.69 billion, a P/E ratio of 52.86, a P/E/G ratio of 1.09 and a beta of 0.82. The stock's fifty day simple moving average is C$266.69 and its two-hundred day simple moving average is C$254.55. WSP Global has a one year low of C$208.35 and a one year high of C$284.15. The company has a debt-to-equity ratio of 80.45, a quick ratio of 1.04 and a current ratio of 1.26.

Insider Buying and Selling

In related news, Senior Officer Mark Naysmith sold 6,715 shares of the business's stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of C$281.34, for a total value of C$1,889,184.67. 0.06% of the stock is owned by insiders.

Analysts Set New Price Targets

WSP has been the topic of a number of analyst reports. UBS Group upped their target price on shares of WSP Global from C$274.00 to C$285.00 in a report on Wednesday, March 5th. Canaccord Genuity Group upped their target price on shares of WSP Global from C$300.00 to C$305.00 in a report on Friday, June 13th. CIBC upped their target price on shares of WSP Global from C$295.00 to C$296.00 in a report on Thursday, April 17th. Stifel Nicolaus lowered their target price on shares of WSP Global from C$310.00 to C$300.00 and set a "buy" rating on the stock in a report on Thursday, April 17th. Finally, TD Securities upped their target price on shares of WSP Global from C$298.00 to C$307.00 and gave the stock a "buy" rating in a research note on Monday, May 12th. One investment analyst has rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average target price of C$284.31.

About WSP Global

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).

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