Shawcor Ltd (TSE:SCL) declared a quarterly dividend on Friday, November 17th, TickerTech reports. Stockholders of record on Thursday, November 30th will be given a dividend of 0.15 per share on Thursday, November 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date is Friday, November 17th.
Shawcor (SCL) traded down C$0.31 during midday trading on Thursday, hitting C$25.38. 160,009 shares of the stock were exchanged, compared to its average volume of 130,081. Shawcor has a 1 year low of C$24.20 and a 1 year high of C$39.95.
TRADEMARK VIOLATION WARNING: This article was posted by Markets Daily and is the sole property of of Markets Daily. If you are accessing this article on another domain, it was copied illegally and reposted in violation of U.S. & international copyright and trademark legislation. The legal version of this article can be viewed at https://www.themarketsdaily.com/2017/11/16/shawcor-ltd-plans-quarterly-dividend-of-0-15-scl.html.
Several brokerages have weighed in on SCL. TD Securities set a C$33.00 target price on shares of Shawcor and gave the company a “buy” rating in a research note on Saturday, September 23rd. National Bank Financial raised their target price on shares of Shawcor from C$35.00 to C$36.00 in a research note on Monday. Scotiabank upgraded shares of Shawcor from an “underperform” rating to a “sector perform” rating and set a C$32.00 target price for the company in a research note on Tuesday. Finally, BMO Capital Markets lowered their target price on shares of Shawcor from C$42.00 to C$36.00 in a research note on Monday, August 14th. Three investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of C$36.00.
Shawcor Ltd is a Canada-based energy services company. The Company is engaged in designing, engineering, marketing and selling products and services, such as pipe coating services; flexible composite pipe; onshore and offshore pipeline corrosion and thermal protection; ultrasonic and radiographic inspection services; tubular management services; heat-shrinkable polymer tubing, and control and instrumentation wire and cable.
Receive News & Ratings for Shawcor Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shawcor Ltd and related companies with MarketBeat.com's FREE daily email newsletter.