6-17-2014: Dividend - Student Transportation ( STB TSX )

June 17th, 2014 Dividend Focus:
A Transportation Company

Market Trend News - June 17th, 2014 Newsletter.
Dividends - Small Caps - Micro Caps
 
 
June 17th, 2014
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Dear Valued Readers:

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I am not an analyst, broker, or investment advisor. I have been trading the small cap markets for over 20 years and you should consider me a blogger with opinions on equities that you may find interesting. On my web site I have posted over 33,000 interesting news releases and articles over the last 12 years!

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Today I present to you a stock that I have been following for quite some time but have never bought:

Student Transportation Inc [ Website ]
Symbol: STB [ TSX Quote ] [ Nasdaq Quote ]

Why I like it:

  1. I think it is pretty recession proof. Children always have to get to school.
  2. The stock keeps setting 52 week highs as the company grows. The company continues to sign more contracts, expansion creates more capacity and more revenue.
  3. The dividend has been the same amount and has been paid every month since Feb.15, 2011.
  4. May 12, 2014 they announced a 5 and a half year, $10 Million Contract in California.
  5. They are the 3rd largest provider of school bus transportation in North America.

Technically a red flag would be if the bottom trend line was broken in the chart I provided.
(Click on the little chart above to bring it up.)

Thanks for reading!
 

Warren
Blogger/Researcher
 

PS: Bonus Report:
 

As we stated in our last Newsletter email, I will be scouring the internet for research reports. Here is this week's free 188 slide presentation.
Be patient it is a 5.4 MB PDF.
 

Emerging Economic & Geopolitical Issues:
An Update

 
 

Click above for a larger chart.

Student Transportation Inc

Market Cap: ~ $580CA Million
Shares outstanding: 82.28 Mil
Fully Diluted: 103.7 Mil
TSX 52 week: $6.05 to $7.10

June 17th Close:
TSX: $7.06
Nasdaq: $6.50

Dividend Payout: 55.56 cents/yr
Dividend Rate: 7.8%

Company Description from
their web site:

Student Transportation Inc. is North America’s third-largest and most progressive provider of school bus transportation services, operating more than 9,000 vehicles in over 200 school districts. Student Transportation Inc. is a growing family of local companies committed to providing the highest level of safe, reliable and cost-effective student transportation. Our services are delivered by drivers, dispatchers, maintenance technicians, terminal managers, and other caring members of your community whom you know and trust.

Student Transportation of America (STA) and Student Transportation of Canada (STC) local operations are managed by highly-qualified, experienced national and regional teams of transportation experts who average more than 25 years’ experience in the industry. We combine the best of both worlds, bringing national economies of scale to local operations.

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