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

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

WSP Global Stock Performance

WSP traded up C$1.13 during trading hours on Tuesday, hitting C$277.77. The stock had a trading volume of 210,111 shares, compared to its average volume of 250,554. The stock has a market cap of C$35.84 billion, a PE ratio of 53.08, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82. The company's fifty day simple moving average is C$267.35 and its 200 day simple moving average is C$254.78. WSP Global has a 1 year low of C$208.35 and a 1 year high of C$284.15. 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 have weighed in on WSP shares. Canaccord Genuity Group raised their target price on shares of WSP Global from C$300.00 to C$305.00 in a research note on Friday, June 13th. TD Securities increased their price target on WSP Global from C$298.00 to C$307.00 and gave the company a "buy" rating in a research note on Monday, May 12th. Stifel Nicolaus cut their price objective on shares of WSP Global from C$310.00 to C$300.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. UBS Group increased their price objective on WSP Global from C$274.00 to C$285.00 in a research note on Wednesday, March 5th. Finally, CIBC boosted their target price on shares of WSP Global from C$295.00 to C$296.00 in a report on Thursday, April 17th. One research analyst has rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of C$284.31.

Insider Buying and Selling

In related news, Senior Officer Mark Naysmith sold 6,715 shares of the stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of C$281.34, for a total value of C$1,889,184.67. Corporate insiders own 0.06% of the company's stock.

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).