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

WSP Global Inc. (TSE:WSP) announced a quarterly dividend on Tuesday, December 31st,Zacks Dividends reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.375 per share on Wednesday, January 15th. This represents a $1.50 annualized dividend and a yield of 0.59%. The ex-dividend date is Tuesday, December 31st.

WSP Global Stock Performance

TSE WSP opened at C$255.33 on Friday. The stock has a fifty day simple moving average of C$248.44 and a 200-day simple moving average of C$232.80. The company has a current ratio of 1.13, a quick ratio of 1.04 and a debt-to-equity ratio of 71.81. The stock has a market cap of C$31.84 billion, a PE ratio of 53.42, a P/E/G ratio of 1.09 and a beta of 0.82. WSP Global has a twelve month low of C$180.73 and a twelve month high of C$259.60.

WSP Global (TSE:WSP) last released its quarterly earnings results on Wednesday, November 6th. The company reported C$2.24 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of C$2.24. WSP Global had a net margin of 4.03% and a return on equity of 9.40%. The business had revenue of C$3 billion for the quarter, compared to the consensus estimate of C$3 billion. Equities analysts anticipate that WSP Global will post 9.5687404 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have commented on WSP shares. Royal Bank of Canada upped their price target on WSP Global from C$261.00 to C$279.00 in a research note on Friday, November 8th. Canaccord Genuity Group raised their target price on WSP Global from C$260.00 to C$275.00 and gave the company a “buy” rating in a report on Tuesday, October 15th. CIBC boosted their price target on shares of WSP Global from C$264.00 to C$280.00 in a research note on Friday, December 13th. Scotiabank raised shares of WSP Global to a “strong-buy” rating in a research note on Friday, October 25th. Finally, BMO Capital Markets lifted their price objective on shares of WSP Global from C$257.00 to C$280.00 in a report on Friday, November 8th. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of C$268.27.

WSP Global Company Profile

WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. It advises, plans, designs, and manages projects for rail, transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners.