Pason Systems Inc. Plans Quarterly Dividend of $0.13 (TSE:PSI)

by · The Cerbat Gem

Pason Systems Inc. (TSE:PSI – Get Free Report) announced a quarterly dividend on Wednesday, December 17th, TickerTech Dividends reports. Investors of record on Wednesday, December 31st will be paid a dividend of 0.13 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Wednesday, December 17th.

Pason Systems Trading Down 1.5%

PSI traded down C$0.19 during trading hours on Monday, reaching C$12.07. The company’s stock had a trading volume of 186,794 shares, compared to its average volume of 178,969. The business’s 50-day moving average is C$12.00 and its 200-day moving average is C$12.05. The company has a debt-to-equity ratio of 3.19, a current ratio of 2.59 and a quick ratio of 3.54. The stock has a market cap of C$941.75 million, a PE ratio of 15.47, a P/E/G ratio of 10.78 and a beta of 0.59. Pason Systems has a fifty-two week low of C$10.43 and a fifty-two week high of C$14.81.

Pason Systems (TSE:PSI – Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The company reported C$0.16 earnings per share (EPS) for the quarter. The firm had revenue of C$100.96 million during the quarter. Pason Systems had a return on equity of 24.64% and a net margin of 28.28%. As a group, equities research analysts predict that Pason Systems will post 1.229765 earnings per share for the current fiscal year.

Pason Systems Company Profile

(Get Free Report)

Pason Systems Inc is an oilfield specialist with fully integrated drilling data solutions. A host of products allow customers to collect, manage, report, and analyze drilling data for performance optimization and cost control. The electronic drilling recorder is the company’s primary product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office.

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