Revenues from Q1 2011 were down from a year ago.
The price drop on Friday (June 3) looks like an opportunity to me; of course it could go lower. The day's volume of 76.5k although slightly above average, does not hint of a wash out.
At Friday's close of $11.24 the monthly dividend (0.055) yields 5.8%
Bird's home pageRevenues were $171 million, down from $181 million.
The company said construction revenues declined due to lower construction activity in the Alberta oilsands. It said it also saw lower gross profit margins due to high competition.
Bird Construction converted from an income trust to a corporation in January, which made it subject to different tax rules.
Winnipeg Free Press
Charts: daily / weekly
Disclosure: I own shares in BDT with average cost just under $12