Bird Construction Inc. (TSE: BDT) will pay a monthly dividend of $0.03.
Bird Construction Inc. (TSE:BDT) declared a monthly dividend on Wednesday, September 28, according to TickerTech. On Thursday, October 20, shareholders will receive a dividend of 0.0325 per share. This equates to an annualized dividend of $0.39 and a dividend yield of 6.38%. The ex-dividend date is Wednesday, September 28.
Several research analysts have recently commented on BDT stock. ATB Capital reduced its price target on Bird Construction shares from C$12.75 to C$10.00 in a research report released Thursday, August 11. In a research report released Monday, August 8, TD Securities downgraded shares of Bird Construction from a “buy” rating to a “hold” rating in a research report released August 8. They reduced their target price for the stock from C$10.50 to C$8.00. Stifel Nicolaus cut his price target on Bird Construction shares from C$9.50 to C$9.50 in a Thursday, August 11 report. In a report released Wednesday, July 13, CIBC downgraded Bird Construction shares from “outperforming” to “neutral” and lowered its price target from CA$11.00 to CA$9. Finally, National Bankshares cut its price target on Bird Construction shares from CA$12.00 to CA$9.00 in a Thursday, August 11 report. Shares of Bird Construction opened at C$6.11 on Monday. The 50-day simple moving average for the company is $6.83 and the 200-day simple moving average is $7.86. The company’s market capitalization is C$328.08 million and the P/E ratio is 7.73. The debt ratio stands at 67.84%, the current ratio at 1.244% and the quick ratio at 1.224%. The 52-week low for Bird Construction is $6.02 and the 52-week high is $10.78.
Bird Construction Inc. is a general contractor in Canada. The company primarily focuses on projects in the industrial, commercial and institutional sectors of the general contracting industry. It constructs manufacturing, processing, distribution and warehousing facilities. In addition, it performs structural, mechanical, piping, electrical and instrumentation work as well as off-site fabrication of metals and modules. It also deals with insulation, metal coatings and coatings, conduits, asbestos removal, high voltage testing, commissioning and power line construction.