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

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 given 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 3.77%. The ex-dividend date of this dividend is Friday, February 28th.

Bird Construction Price Performance

Shares of TSE BDT traded up C$0.38 during midday trading on Wednesday, reaching C$22.26. The stock had a trading volume of 42,386 shares, compared to its average volume of 213,605. The company has a market capitalization of C$1.24 billion, a price-to-earnings ratio of 13.48, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05. Bird Construction has a 12-month low of C$16.74 and a 12-month high of C$32.67. The stock has a 50-day moving average of C$24.34 and a 200-day moving average of C$25.87. The company has a debt-to-equity ratio of 74.70, a quick ratio of 1.20 and a current ratio of 1.25.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Stifel Nicolaus increased their price target on Bird Construction from C$37.00 to C$38.00 in a research note on Thursday, November 7th. CIBC lifted their target price on Bird Construction from C$34.00 to C$36.00 in a research note on Monday, February 3rd. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Bird Construction has an average rating of “Moderate Buy” and an average target price 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.