On Friday, the 14th of July, stockholders who were in possession of their shares on that date will receive a 0.1725 dividend per share. On an annualized base, this is a $0.69 per share dividend and a yield of 2.66 percent. This dividend will be paid on Thursday, 29th June. This dividend is an increase over the previous quarterly dividend from Badger Infrastructure Solutions of $0.17.
Badger Infrastructure Solutions Price Performance
The stock rose C$0.04 to C$25.93 during the trading hours of Wednesday. The stock exchanged hands 61,163 times, as opposed to the average of 43,666. The market capitalization is C$893.81m, with a P/E of 31.62. It has a beta value of 1.19. The company's quick ratio is 1.49, its current ratio is 1.87, and its debt-to equity ratio is 84.12. Badger Infrastructure Solutions' 52-week low is C$24.09, and its 52-week highest is C$33.21. Several equity analysts have recently weighed-in on BDGI's shares. CIBC reduced their price target on Badger Infrastructure Solutions in a report published on Friday, 5th May from C$36.00 down to C$33.00. TD Securities increased their price target on Badger Infrastructure Solutions to C$34.00 in a report published on Monday, 27th March. The company was also given a 'hold rating'. Stifel Nicolaus increased their price target on Badger Infrastructure Solutions in a report published on Monday, march 27th from C$44.00 up to C$49.00. In a report published on Friday, 5th May, Scotiabank increased its price target on Badger Infrastructure Solutions, from C$32.50 up to C$33.50.
About Badger Infrastructure Solutions
Badger Infrastructure Solutions Ltd. offers non-destructive excavation and related services to clients in Canada and United States. Badger Hydrovac uses a pressurized stream of water to liquefy soil, which is then removed by a vacuum and placed in a storage tank. The company provides daylighting services to confirm buried lines and for pipeline and utility crossings. It also offers sacrificial adode installations, as well as subsurface utility engineering testing holes.
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