Bird Construction Inc. Announces Monthly Dividend of $0.07 (TSE:BDT)

Bird Construction Inc. (TSE:BDT) announced a monthly dividend on Wednesday, April 30th, TickerTech Dividends reports. Investors of record on Tuesday, May 20th will be given a dividend of 0.07 per share on Tuesday, May 20th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.06%. The ex-dividend date is Wednesday, April 30th.

Bird Construction Price Performance

BDT opened at C$20.68 on Monday. The stock has a market capitalization of C$1.16 billion, a PE ratio of 12.52, a P/E/G ratio of 0.53 and a beta of 1.05. The company has a debt-to-equity ratio of 74.70, a quick ratio of 1.20 and a current ratio of 1.25. The company’s 50 day simple moving average is C$21.06 and its 200 day simple moving average is C$25.11. Bird Construction has a 1 year low of C$17.52 and a 1 year high of C$32.67.

Wall Street Analyst Weigh In

BDT has been the subject of a number of recent research reports. CIBC lowered their price objective on Bird Construction from C$36.00 to C$31.00 in a research note on Friday, March 14th. National Bankshares dropped their price target on shares of Bird Construction from C$32.00 to C$30.00 and set a “sector perform” rating on the stock in a research report on Friday, March 14th. Stifel Nicolaus cut their target price on shares of Bird Construction from C$37.00 to C$34.50 and set a “buy” rating for the company in a research note on Thursday, April 17th. Raymond James upgraded shares of Bird Construction from an “outperform” rating to a “strong-buy” rating and set a C$35.00 price objective for the company in a research note on Tuesday, April 22nd. Finally, BMO Capital Markets dropped their price objective on Bird Construction from C$30.00 to C$28.00 in a research note on Thursday, April 17th. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of C$31.61.

Bird Construction Company Profile

Bird Construction Inc operates as a general contractor in the Canadian construction market. The company focuses primarily on projects in the industrial, commercial and institutional sectors of the general contracting industry. It provides construction services such as new construction for industrial, commercial, and institutional markets; industrial maintenance, repair and operations (MRO) services, heavy civil construction and contract surface mining; as well as vertical infrastructure including, electrical, mechanical, and specialty trades.