Stantec, Inc. (STN) Declares $0.105 Quarterly Dividend; 1.7% Yield

Stantec reports solid third quarter 2015 results and dividend

November 5, 2015 6:46 AM EST

EDMONTON, ALBERTA and NEW YORK, NEW YORK -- (Marketwired) -- 11/05/15 -- Stantec (TSX: STN)(NYSE: STN) -

Today, Stantec announced solid third quarter 2015 results, with several key items to highlight:

-- Gross revenue increased 11.3% to $750.8 million in Q3 15 from $674.7 million in Q3 14 -- EBITDA increased 9.4% to $93.4 million in Q3 15 from $85.4 million in Q3 14 -- Net income increased 2.9% to $50.0 million in Q3 15 from $48.6 million in Q3 14 -- Diluted earnings per share increased 3.9% to $0.53 in Q3 15 from $0.51 in Q3 14 -- Stantec closed the acquisitions of VI Engineering, LLC and VA... More

Stantec to Acquire KBR's Infrastructure Americas Division

November 5, 2015 6:46 AM EST

HOUSTON, TEXAS and EDMONTON, ALBERTA -- (Marketwired) -- 11/05/15 -- Stantec Inc. (TSX: STN)(NYSE: STN) -

North American design firm Stantec will expand its presence in Texas and Alabama with the planned acquisition of the Infrastructure Americas Division of KBR, expected to close in December 2015. With offices in Houston, Austin, and Dallas, Texas; and Mobile, Alabama, Infrastructure Americas will bring approximately 180 professionals with experience in transportation, water/wastewater, and aviation projects. This acquisition will strengthen Stantec's Texas presence and enhance the firm's infrastructure design capabilities in... More

Stantec announces approval of Normal Course Issuer Bid

November 5, 2015 6:46 AM EST

EDMONTON, ALBERTA and NEW YORK, NEW YORK -- (Marketwired) -- 11/05/15 -- Stantec Inc. ("Stantec") (TSX: STN)(NYSE: STN) announced today that its Notice of Intention to make a Normal Course Issuer Bid has been filed with and approved by the Toronto Stock Exchange (the "TSX"). Pursuant to the Notice, Stantec may purchase up to 3,774,179 common shares, representing approximately 4% of Stantec's 94,354,476 issued and outstanding common shares as of November 1, 2015. The purchases may commence on November 10, 2015, and will terminate no later than November 9, 2016. Except for block purchases... More