Stantec acquisitions to spur dividend

STANTEC INC. $114 is a buy. This engineering firm (Toronto symbol STN; Cyclical-Growth Payer Portfolio, Manufacturing sector; Shares outstanding: 114.1 million; Market cap: $13.0 billion; Dividend yield: 0.7%; Dividend Sustainability Rating: Above Average; www.stantec.com) is a leading seller of consulting, project-delivery, design and technology services.
With the April 2024 payment,… Read More