WSP Global Inc (TSE:WSP) Announces Quarterly Dividend of $0.38

WSP Global Inc (TSE:WSP) announced a quarterly dividend on Thursday, August 8th, Zacks reports. Investors of record on Monday, September 30th will be given a dividend of 0.375 per share on Tuesday, October 15th. This represents a $1.50 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend is Friday, September 27th.

WSP traded down C$0.35 on Wednesday, reaching C$77.35. 144,179 shares of the company’s stock were exchanged, compared to its average volume of 156,310. The company’s 50 day moving average is C$73.18 and its 200-day moving average is C$72.46. The company has a market cap of $8.20 billion and a price-to-earnings ratio of 28.65. WSP Global has a twelve month low of C$56.09 and a twelve month high of C$78.73. The company has a debt-to-equity ratio of 84.39, a quick ratio of 1.26 and a current ratio of 1.26.

WSP Global (TSE:WSP) last posted its earnings results on Thursday, August 8th. The company reported C$0.95 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$0.94 by C$0.01. The business had revenue of C$1.77 billion for the quarter, compared to analyst estimates of C$1.71 billion. Sell-side analysts forecast that WSP Global will post 4.0443023 EPS for the current year.



A number of research firms recently issued reports on WSP. CIBC increased their target price on shares of WSP Global from C$81.00 to C$84.00 in a research report on Friday, August 9th. TD Securities increased their target price on shares of WSP Global from C$84.00 to C$86.00 and gave the stock a “buy” rating in a research report on Friday, August 9th. Royal Bank of Canada increased their target price on shares of WSP Global from C$87.00 to C$88.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. BMO Capital Markets increased their target price on shares of WSP Global from C$74.00 to C$76.00 in a research report on Friday, August 9th. Finally, National Bank Financial increased their target price on shares of WSP Global from C$79.00 to C$84.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 17th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. WSP Global currently has an average rating of “Buy” and an average price target of C$82.31.

About WSP Global

WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, Asia, New Zealand, and internationally. The company advises, plans, designs, and manages projects for rail transit, aviation, highway, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and partners.

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Dividend History for WSP Global (TSE:WSP)

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