Student Transportation Inc. (STB) to Issue Monthly Dividend of $0.04 on November 15th

Student Transportation Inc. (TSE:STB) (NASDAQ:STB) declared a monthly dividend on Monday, October 30th, TickerTech reports. Investors of record on Wednesday, November 15th will be paid a dividend of 0.0367 per share on Wednesday, November 15th. This represents a $0.44 annualized dividend and a dividend yield of 5.77%. The ex-dividend date is Monday, October 30th.

Student Transportation (STB) opened at 7.63 on Friday. The company’s 50 day moving average price is $7.42 and its 200 day moving average price is $7.68. Student Transportation has a 12 month low of $6.98 and a 12 month high of $8.25. The stock has a market cap of $722.03 million and a PE ratio of 109.00.

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STB has been the subject of a number of analyst reports. Scotiabank reduced their price objective on Student Transportation from C$8.25 to C$8.00 and set a “sector perform” rating for the company in a research report on Saturday, September 23rd. BMO Capital Markets reduced their price objective on Student Transportation from C$8.25 to C$7.60 in a research report on Saturday, September 23rd. Finally, National Bank Financial raised Student Transportation from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from C$8.50 to C$9.50 in a report on Thursday, September 21st.

Student Transportation Company Profile

Student Transportation Inc is a Canada-based company engaged in providing school bus transportation services in North America. The Company provides school bus and management services to public and private schools in North America and offers services, such as contracted services, special needs transportation, charter services, direct to parent and used bus sales.

Dividend History for Student Transportation (TSE:STB)

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