Bird Construction Inc. (TSE:BDT) Declares Monthly Dividend of $0.07

Bird Construction Inc. (TSE:BDT) announced a monthly dividend on Friday, February 28th, TickerTech Dividends reports. Stockholders of record on Thursday, March 20th will be paid a dividend of 0.07 per share on Thursday, March 20th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date of this dividend is Friday, February 28th.

Bird Construction Stock Performance

Shares of BDT traded up C$0.43 during mid-day trading on Wednesday, hitting C$22.31. The stock had a trading volume of 43,486 shares, compared to its average volume of 213,667. The company has a quick ratio of 1.20, a current ratio of 1.25 and a debt-to-equity ratio of 74.70. The company has a market cap of C$1.25 billion, a PE ratio of 13.51, a PEG ratio of 0.53 and a beta of 1.05. Bird Construction has a fifty-two week low of C$16.74 and a fifty-two week high of C$32.67. The company’s fifty day simple moving average is C$24.34 and its two-hundred day simple moving average is C$25.87.

Analysts Set New Price Targets

Several brokerages have recently issued reports on BDT. CIBC lifted their price target on Bird Construction from C$34.00 to C$36.00 in a research report on Monday, February 3rd. Stifel Nicolaus raised their target price on Bird Construction from C$37.00 to C$38.00 in a report on Thursday, November 7th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$33.25.

About Bird Construction

Bird Construction Inc provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication.