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Bullboard - Stock Discussion Forum STUDENT TRANSPORTATION INC 5.25 PCT DEBS T.STB.DB.A

TSX:STB.DB.A - Post Discussion

STUDENT TRANSPORTATION INC 5.25 PCT DEBS > STB up 1.5% today, and a great yield of about 7.8%
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Post by blueboy on Mar 01, 2017 11:19pm

STB up 1.5% today, and a great yield of about 7.8%

plus they recently signed their biggest client to a contract with no fuel risk (the client pays for fuel) AND they have consistently raised their dividend for years now

What's not to like?

BB
Comment by PaulKing on Mar 02, 2017 12:10pm
Your information is incorrect. They have NOT raised their dividend since inception 10 years ago. They recently converted it to US dollars, initially to the obvious detriment of the Canadian shareholder - essentially LOWERING the dividend. They got lucky when the Canadian dollar fell more, and it is in the end - through no 'fault' of the company - by accident a small raise for Canadian ...more  
Comment by frankstevens17 on Mar 05, 2017 10:04am
All investors need to know about STB is that the dividend yield is above average and appears safe but it's not a growth stock. If you look at a chart the stock price is about the same now as early 2012 (5 years ago) but had a major stock price decline in early 2016. Good stock to hold as part of an income portfolio, but not in the "blue chip" category.
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