Stella-Jones Inc (SJ) Announces $0.11 Quarterly Dividend

Stella-Jones Inc (TSE:SJ) announced a quarterly dividend on Friday, November 3rd, Zacks reports. Investors of record on Monday, December 4th will be paid a dividend of 0.11 per share on Thursday, December 21st. This represents a $0.44 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Friday, December 1st.

Stella-Jones (TSE SJ) opened at C$49.85 on Tuesday. Stella-Jones has a twelve month low of C$37.17 and a twelve month high of C$51.49.

SJ has been the topic of a number of research reports. Scotiabank raised their price target on Stella-Jones from C$41.00 to C$45.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 10th. National Bank Financial lifted their target price on Stella-Jones from C$42.00 to C$48.00 in a research note on Thursday, August 10th. TD Securities lifted their target price on Stella-Jones from C$44.00 to C$48.00 and gave the company a “hold” rating in a research note on Thursday, August 10th. Acumen Capital lifted their price target on Stella-Jones from C$50.50 to C$55.00 and gave the company a “buy” rating in a research note on Wednesday, November 22nd. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a C$56.00 price target on shares of Stella-Jones in a research note on Tuesday, October 17th. Six research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Stella-Jones has an average rating of “Hold” and a consensus price target of C$49.25.

In related news, Director Glen Ritchie sold 1,000 shares of the company’s stock in a transaction on Friday, September 22nd. The stock was sold at an average price of C$48.70, for a total value of C$48,700.00.

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About Stella-Jones

Stella-Jones Inc produces and markets pressure treated wood products in Canada and the United States. It offers railway ties and timbers for railroad operators; and utility poles for electrical utilities and telecommunication companies. The company also provides residential lumber to retailers and wholesalers for use in decks, fences, patios, and other outdoor applications; and industrial products, including bridge timbers and docks, foundation and marine pilings, highway guardrail posts, panelized railway crossings, and construction timbers.

Dividend History for Stella-Jones (TSE:SJ)

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