Dividend Growth of Student Transportation Inc(STB)

Student Transportation Inc(STB) is having a Dividend Yield of 7.68% with the Annual cash Dividend per share of $0.34. The last quarter cash dividend per share pay out was $0.11. Student Transportation Inc has a 5 year average dividend yield of 8.49% and the stock has a Indicated annual dividend of $0.44. Student Transportation Inc(STB) formally announced its most recent dividend on November 11, 2016 with a Dividend per share of $0.04. The new indicated annual dividend based on announced dividend per share is $0.44. The dividend yield based on the forward looking indicated annual dividend is 7.68%. Student Transportation Inc(STB) has the most recent dividend payout ratio of 8.8 with a 5-year average payout ratio of 14.8. The 5 year historical dividend growth of Student Transportation Inc(STB) is at the rate of -6.83% while the R-Squared dividend growth is 0.66. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Student Transportation Inc (NASDAQ:STB) witnessed a decline in the market cap on Thursday as its shares dropped 1.75% or 0.1 points. After the session commenced at $5.76, the stock reached the higher end at $5.7768 while it hit a low of $5.5. With the volume soaring to 503,333 shares, the last trade was called at $5.63. The company has a 52-week high of $6.08. The company has a market cap of $519 million and there are 92,171,306 shares in outstanding. The 52-week low of the share price is $3.61. Student Transportation Inc. has dropped 3.26% in the last five trading days, however, the shares have posted positive gains of 3.11% in the last 4 weeks. Student Transportation Inc. is up 1.81% in the last 3-month period. Year-to-Date the stock performance stands at 0.72%.

Institutional Investors own 22.91% of Student Transportation Inc shares. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Student Transportation Inc was Initiated by Raymond James to Outperform on Dec 2, 2016.

Student Transportation Inc Last issued its quarterly earnings results on Feb 13, 2017. The company reported $0.07 EPS for the quarter. Analyst had a consensus estimate of $0.07. The company had revenue of $177.20 million for the quarter, compared to analysts expectations of $179.31 million. The companys revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.06 EPS.

Student Transportation Inc. provides school bus transportation services in the United States and Canada. Its services are delivered by drivers, dispatchers, maintenance technicians and terminal managers. Student Transportation Inc., formerly known as Student Transportation of America, Ltd., is based in Barrie, Canada.


Share this post

Post Comment