SNC-Lavalin Group Inc. (TSE:SNC) announced a quarterly dividend on Wednesday, November 15th, TickerTech reports. Shareholders of record on Thursday, November 30th will be paid a dividend of 0.273 per share on Thursday, November 30th. This represents a $1.09 annualized dividend and a yield of 1.97%. The ex-dividend date of this dividend is Wednesday, November 15th.
Shares of SNC-Lavalin Group (TSE SNC) traded down C$0.56 during mid-day trading on Wednesday, reaching C$55.46. 227,182 shares of the company’s stock traded hands, compared to its average volume of 354,964. SNC-Lavalin Group has a 1 year low of C$50.28 and a 1 year high of C$59.63.
Several equities research analysts have issued reports on the stock. BMO Capital Markets restated an “outperform” rating and set a C$67.00 price objective on shares of SNC-Lavalin Group in a research report on Friday, August 4th. AltaCorp Capital reiterated a “sector perform” rating on shares of SNC-Lavalin Group in a research report on Tuesday, August 8th. Scotiabank reiterated an “outperform” rating and issued a C$70.00 price target on shares of SNC-Lavalin Group in a research report on Monday, October 16th. National Bank Financial dropped their price target on shares of SNC-Lavalin Group from C$70.00 to C$69.00 and set an “outperform” rating for the company in a research report on Friday, August 4th. Finally, Desjardins lifted their price target on shares of SNC-Lavalin Group from C$69.00 to C$72.00 in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of C$70.33.
In related news, Director Benita Marie Warmbold bought 3,000 shares of the firm’s stock in a transaction on Tuesday, November 14th. The shares were purchased at an average price of C$56.79 per share, with a total value of C$170,370.00.
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SNC-Lavalin Group Company Profile
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