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

WSP Global Inc. (TSE:WSP) announced a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.375 per share on Tuesday, April 15th. This represents a $1.50 annualized dividend and a yield of 0.62%. The ex-dividend date is Monday, March 31st.

WSP Global Price Performance

Shares of WSP stock traded down C$7.87 during trading hours on Friday, hitting C$241.07. 245,586 shares of the company’s stock were exchanged, compared to its average volume of 237,423. WSP Global has a fifty-two week low of C$201.24 and a fifty-two week high of C$264.87. The firm has a market cap of C$31.10 billion, a P/E ratio of 46.07, a P/E/G ratio of 1.09 and a beta of 0.82. The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 80.45. The firm has a 50 day moving average of C$250.63 and a two-hundred day moving average of C$246.89.

Insider Activity

In related news, Director Macky Tall acquired 2,056 shares of the firm’s stock in a transaction dated Thursday, March 6th. The shares were purchased at an average cost of C$243.94 per share, for a total transaction of C$501,540.64. Corporate insiders own 0.06% of the company’s stock.

Analyst Upgrades and Downgrades

WSP has been the topic of several recent analyst reports. TD Securities increased their price objective on shares of WSP Global from C$300.00 to C$305.00 and gave the company a “buy” rating in a report on Friday, February 14th. Raymond James raised their price target on shares of WSP Global from C$270.00 to C$310.00 and gave the company a “strong-buy” rating in a research note on Thursday, January 30th. UBS Group boosted their price objective on WSP Global from C$274.00 to C$285.00 in a research note on Wednesday, March 5th. Stifel Nicolaus increased their target price on WSP Global from C$295.00 to C$310.00 in a report on Tuesday, February 18th. Finally, Scotiabank lifted their price target on WSP Global from C$281.00 to C$283.00 in a research note on Wednesday, February 19th. One 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. Based on data from MarketBeat, WSP Global currently has a consensus rating of “Buy” and a consensus price target of C$284.85.

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).