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

WSP Global Inc. (TSE:WSP) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.375 per share on Tuesday, April 15th. This represents a $1.50 annualized dividend and a yield of 0.62%. The ex-dividend date is Monday, March 31st.

WSP Global Trading Down 3.2 %

Shares of WSP Global stock traded down C$7.87 during trading on Friday, hitting C$241.07. The stock had a trading volume of 245,586 shares, compared to its average volume of 237,423. The stock has a market cap of C$31.10 billion, a PE ratio of 46.07, a PEG ratio of 1.09 and a beta of 0.82. WSP Global has a 12 month low of C$201.24 and a 12 month high of C$264.87. The firm’s fifty day simple moving average is C$250.63 and its 200-day simple moving average is C$246.89. The company has a debt-to-equity ratio of 80.45, a current ratio of 1.26 and a quick ratio of 1.04.

Insiders Place Their Bets

In other news, Director Macky Tall acquired 2,056 shares of the company’s stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average price of C$243.94 per share, with a total value of C$501,540.64. 0.06% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

WSP has been the subject of a number of research analyst reports. Stifel Nicolaus lifted their price objective on shares of WSP Global from C$295.00 to C$310.00 in a report on Tuesday, February 18th. TD Securities boosted their target price on shares of WSP Global from C$300.00 to C$305.00 and gave the stock a “buy” rating in a report on Friday, February 14th. CIBC lifted their price objective on shares of WSP Global from C$293.00 to C$295.00 in a research report on Friday, February 28th. Raymond James upped their price target on WSP Global from C$270.00 to C$310.00 and gave the stock a “strong-buy” rating in a research report on Thursday, January 30th. Finally, UBS Group increased their price target on WSP Global from C$274.00 to C$285.00 in a research note on Wednesday, March 5th. One equities research analyst has rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of C$284.85.

About WSP Global

WSP Global Inc provides engineering and design services to clients in the Transportation & Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( US and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).