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

Student Transportation Inc. (TSE:STB) (NASDAQ:STB) announced 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 annualized dividend and a dividend yield of 5.62%. The ex-dividend date is Thursday, December 28th.

Student Transportation (STB) traded up C$0.15 during midday trading on Friday, hitting C$7.84. The stock had a trading volume of 154,300 shares, compared to its average volume of 154,335. The firm has a market cap of $729.64, a P/E ratio of 65.33 and a beta of 0.35. Student Transportation has a 12 month low of C$6.98 and a 12 month high of C$8.25.

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

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Student Transportation Company Profile

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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