Bird Construction Inc. (TSE:BDT) to Issue $0.07 Monthly Dividend

Bird Construction Inc. (TSE:BDT) announced a monthly dividend on Friday, February 28th, TickerTech Dividends reports. Shareholders of record on Thursday, March 20th will be paid a dividend of 0.07 per share on Thursday, March 20th. This represents a $0.84 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date is Friday, February 28th.

Bird Construction Stock Performance

Shares of TSE:BDT traded up C$0.19 during trading on Wednesday, reaching C$22.07. The stock had a trading volume of 32,477 shares, compared to its average volume of 213,000. The stock has a fifty day simple moving average of C$24.34 and a two-hundred day simple moving average of C$25.87. The company has a quick ratio of 1.20, a current ratio of 1.25 and a debt-to-equity ratio of 74.70. Bird Construction has a 52 week low of C$16.74 and a 52 week high of C$32.67. The firm has a market capitalization of C$1.23 billion, a price-to-earnings ratio of 13.36, a P/E/G ratio of 0.53 and a beta of 1.05.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Stifel Nicolaus lifted their target price on shares of Bird Construction from C$37.00 to C$38.00 in a report on Thursday, November 7th. CIBC raised their price target on Bird Construction from C$34.00 to C$36.00 in a research report on Monday, February 3rd. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Bird Construction presently has a consensus rating of “Moderate Buy” and a consensus price target of C$33.25.

Bird Construction Company Profile

Bird Construction Inc provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication.