Snc-Lavalin Group Inc (SNC) to Issue Quarterly Dividend of $0.27 on November 30th
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 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date is Wednesday, November 15th.
Shares of Snc-Lavalin Group (TSE:SNC) traded down C$0.06 during midday trading on Friday, reaching C$56.97. The company’s stock had a trading volume of 25,498 shares, compared to its average volume of 361,553. Snc-Lavalin Group has a 52 week low of C$50.28 and a 52 week high of C$59.63.
A number of analysts have issued reports on SNC shares. Canaccord Genuity boosted their target price on Snc-Lavalin Group from C$76.00 to C$77.00 in a research report on Tuesday, October 31st. BMO Capital Markets boosted their target price on Snc-Lavalin Group from C$67.00 to C$68.00 in a research report on Friday, November 3rd. Desjardins boosted their target price on Snc-Lavalin Group from C$69.00 to C$72.00 in a research report on Friday, November 3rd. Royal Bank Of Canada boosted their target price on Snc-Lavalin Group from C$67.00 to C$69.00 and gave the company an “outperform” rating in a research report on Friday, November 3rd. Finally, Scotiabank reissued an “outperform” rating and issued a C$70.00 target price on shares of Snc-Lavalin Group in a research report on Tuesday, October 31st. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of C$70.33.
In related news, Director Jacques Bougie acquired 2,000 shares of the business’s stock in a transaction dated Wednesday, August 16th. The shares were acquired at an average price of C$52.75 per share, with a total value of C$105,500.00.
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Snc-Lavalin Group Company Profile
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