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. Investors of record on Thursday, March 20th will be given a dividend of 0.07 per share on Thursday, March 20th. This represents a $0.84 annualized dividend and a yield of 3.78%. The ex-dividend date is Friday, February 28th.

Bird Construction Trading Up 1.7 %

BDT traded up C$0.37 during trading on Wednesday, hitting C$22.25. The company’s stock had a trading volume of 40,377 shares, compared to its average volume of 213,518. The firm has a market capitalization of C$1.24 billion, a P/E ratio of 13.47, a PEG ratio of 0.53 and a beta of 1.05. Bird Construction has a twelve month low of C$16.74 and a twelve month high of C$32.67. The stock’s fifty day moving average price is C$24.34 and its 200-day moving average price is C$25.87. The company has a quick ratio of 1.20, a current ratio of 1.25 and a debt-to-equity ratio of 74.70.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Stifel Nicolaus increased their target price on shares of Bird Construction from C$37.00 to C$38.00 in a research note on Thursday, November 7th. CIBC upped their price objective on shares of Bird Construction from C$34.00 to C$36.00 in a report on Monday, February 3rd. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Bird Construction presently has an average rating of “Moderate Buy” and an average 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.