Student Transportation Inc. Declares Monthly Dividend of $0.04 (TSE:STB)

Student Transportation Inc. (TSE:STB) (NASDAQ:STB) declared a monthly dividend on Thursday, December 28th, TickerTech reports. Stockholders of record on Monday, January 15th will be given a dividend of 0.0367 per share on Monday, January 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 5.69%. The ex-dividend date is Thursday, December 28th.

Shares of Student Transportation (TSE:STB) traded down C$0.02 during mid-day trading on Monday, hitting C$7.74. 55,714 shares of the stock traded hands, compared to its average volume of 89,898. The stock has a market capitalization of $734.39, a P/E ratio of 64.50 and a beta of 0.35. Student Transportation has a 52 week low of C$6.98 and a 52 week high of C$8.25.

STB has been the subject of several analyst reports. BMO Capital Markets lowered their target price on shares of Student Transportation from C$8.25 to C$7.60 in a report on Saturday, September 23rd. Scotiabank reduced their price target on shares of Student Transportation from C$8.25 to C$8.00 and set a “sector perform” rating for the company in a research report on Saturday, September 23rd. Finally, National Bank Financial upgraded shares of Student Transportation from a “sector perform” rating to an “outperform” rating and increased their price target for the company from C$8.50 to C$9.50 in a research report on Thursday, September 21st.

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About Student Transportation

Student Transportation Inc is a Canada-based company engaged in providing school bus transportation services in North America. The Company provides school bus and management services to public and private schools in North America and offers services, such as contracted services, special needs transportation, charter services, direct to parent and used bus sales.

Dividend History for Student Transportation (TSE:STB)

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